s 61 Effect of constructive total loss
61. Where there is a constructive total loss, the assured may either treat the loss as a partial loss, or abandon the subject‑matter insured to the insurer and treat the loss as if it were an actual total loss.
61. Where there is a constructive total loss, the assured may either treat the loss as a partial loss, or abandon the subject‑matter insured to the insurer and treat the loss as if it were an actual total loss.
Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.
The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.