What does MFL mean? Read on to discover the definition & meaning of the term MFL - to help you better understand the language used in insurance policies.
Maximum foreseeable loss (MFL) is the highest loss that can possibly happen to an insured. This means that he or she needs the highest possible payout from insurance, such as when property is destroyed and business operations disrupted along with it. This loss also means that recovery will most likely be a long process.
We hope the you have a better understanding of the meaning of MFL.