What Does Maximum Probable Loss Mean?

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

Maximum Probable Loss

Maximum Probable Loss

(MPL) The maximum probable loss is the largest loss that an insurance policyholder can expect to experience if a certain event occurred, such as a fire.

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

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