GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at glossary@scic.com

Indexed Ultimate Total Loss

What is an Indexed Ultimate Total Loss?

Answer: Indexed Ultimate Total Loss are incurred losses that have been developed (trended) and indexed (adjusted) for inflation.

Do you need an answer immediately?

Check out our FAQ page!

Welcome To the Alliance!

The National Alliance for Insurance Education & Research is now the Risk & Insurance Education Alliance, or simply “The Alliance”.  For more details, please read our Press Release.