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Clover Insurance Brokers
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
A Division of Wood & Kirkpatrick LTD, 
Canada's Oldest Broker Since 1821 
Phone |
Fax|
Toll-Free|
Quote #8589
Hours
Mon-Fri 9-5 EST
Toronto Line|
Travel|
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*** EFFECTIVE OCTOBER 10th, 2024 ***
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Please CALL our office to speak to a Licensed Insurance Broker.
1-844-340-1578
Quote Requests done online will NOT be responded to.

Consequential Loss

The word "consequential" means something following as an effect of result. It is an indirect result of the occurrence that causes the loss. The difference between a direct loss and a consequential loss can b seen in the destruction of a power station by wind. The damage to the power station is a direct loss by wind. There is actual physical damage directly resulting. The destruction of the power station also interrupts the generation of power by the station. For example, a cold storage plant is without electrical power. Foodstuffs spoil as a result or as a consequence. This is a consequential loss, not a direct loss.