​KembaraXtra – Legal Terms – Partial Loss


A partial loss in marine insurance refers to any loss that is less than either an actual total loss or a constructive total loss.


It occurs where the insured subject matter has been damaged but not completely destroyed or lost.


In such cases, the insured receives a reduced measure of indemnity reflecting the extent of the damage suffered.


The compensation awarded depends on the nature and degree of the partial damage.


Partial loss is contrasted with total loss situations, where the insured subject matter is entirely lost or treated as effectively lost.