What Does Loss of Specie Mean?

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What does Loss of Specie mean? Read on to discover the definition & meaning of the term Loss of Specie - to help you better understand the language used in insurance policies.

Loss of Specie

Loss of Specie

Loss arising from a damage so severe that the item is no longer what it was when insured, such as water-soaked cement.

We hope the you have a better understanding of the meaning of Loss of Specie.

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