TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MINIMUM LOSS CLAUSE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1982-03-25

English

Subject field(s)
  • Insurance
  • Fire, Accidents, Miscellaneous Risks (Insur.)
OBS

It contains a minimum loss clause to the effect that no loss will be paid under 5%. Once the loss reaches 5% the policy pays for the actual percentage of loss sustained.

French

Domaine(s)
  • Assurances
  • Incendies, accidents et risques divers (Assur.)
OBS

Une "clause de sinistre minimum" y est insérée. Ce qui veut dire que les sinistres de moins de 5% ne sont pas couverts, mais que, dès l'instant oû le sinistre atteint 5%, l'indemnité est versée conformément au pourcentage exact des dégâts constatés.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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