Phrases with «compensable loss»

The phrase "compensable loss" refers to a loss or damage that is eligible to be compensated or reimbursed. It means that if something bad happens, typically due to an accident or any covered event, the affected person or party is entitled to receive compensation or financial restitution for the loss or damage they experienced. Full definition

Sentences with «compensable loss»

  • the real estate council may, by order, require licensees or classes of licensees to provide security against liability for compensable loss, (bclaws.ca)
  • Because of this apparent conflict of interest, you should not expect any insurer (or its employees) to go out of its way to identify compensable losses for you, or to investigate potential rights of recovery that might be hard to prove. (murphybattista.com)
  • They argued they should be involved in all three proceedings because if the doctor who was named as the defendant in the first medical action «has any joint liability for the plaintiff's injuries then there will be no or minimal compensable loss that can be claimed in the solicitor's action.» (canadianlawyermag.com)
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