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CTL in Insurance Meaning

The CTL meaning in Insurance terms is "Constructive Total Loss". There are 1 related meanings of the CTL Insurance abbreviation.

CTL on Insurance Full Forms

  1. Constructive Total Loss Said of a ship or goods when so damaged or situated that cost of salvage and repair would exceed their value when salvaged

Frequently Asked Questions (FAQ)

  1. What does CTL stand for Insurance?

    CTL stands for Constructive Total Loss in Insurance terms.

  2. What is the shortened form of Constructive Total Loss in Insurance?

    The short form of "Constructive Total Loss" is CTL for Insurance.

Citation

CTL in Insurance. Acronym24.com. (2021, March 1). Retrieved May 18, 2024 from https://acronym24.com/ctl-meaning-in-insurance/

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