Indirect Loss
Term · Environment · MLC-T-ENV-014119
Loss resulting from a peril but not caused directly and immediately thereby. For example, loss of property due to fire is a direct loss, while the loss of rental income as the result of the fire would be an indirect loss.
| Identifier | MLC-T-ENV-014119 |
|---|---|
| Field | Environment |
| Subject | Land, waste and cleanup |
| References | Environmental Insurance and Risk Management Tools Glossary |
| See also | Damage |
Record as JSON
{
"id": "MLC-T-ENV-014119",
"term": "Indirect Loss",
"field": "Environment",
"definition": "Loss resulting from a peril but not caused directly and immediately thereby. For example, loss of property due to fire is a direct loss, while the loss of rental income as the result of the fire would be an indirect loss.",
"subject": "Land, waste and cleanup",
"see_also": [
"Damage"
],
"references": [
"Environmental Insurance and Risk Management Tools Glossary"
],
"url": "https://mlchart.com/terminology/environment/indirect-loss/"
}
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