SectionSECTION 171: Constructive total loss
- Part of
- Nigerian Insurance Industry Reform Act 2025
(1) Subject to any express provision in a policy, there is a constructive total loss where the subject matter insured is reasonably abandoned on account of its actual total loss appearing to be unavoidable, or the preservation of the subject matter from actual total loss…
🔒Read the full section with Sanctum
Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.