> ## Documentation Index
> Fetch the complete documentation index at: https://docs.trurisk.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Insured values and loss estimates

> How to record loss estimates and insured values in a TruRisk survey.

The **Loss Estimate** tab on a survey record captures the financial exposure associated with the site — both the estimated loss under different scenarios and the total insured values across asset categories.

To add loss estimate data, open the survey record, go to the **Loss Estimate** tab, and click **Add Loss Estimate**.

## Loss estimates

Three standard loss scenarios are captured for each survey. Each scenario records a **Property** value and a **Business Interruption** value, with a calculated total.

### Anticipated Probable Loss (APL)

The loss expected under normal conditions, assuming protection systems perform as intended.

| Field                 | Description                 |
| --------------------- | --------------------------- |
| Property              | Anticipated property damage |
| Business Interruption | Anticipated BI loss         |
| Total APL             | Auto-calculated sum         |

### Probable Maximum Loss (PML)

The loss expected under a severe but credible scenario, assuming some protection systems fail or are impaired.

| Field                 | Description                    |
| --------------------- | ------------------------------ |
| Property              | PML property damage            |
| Business Interruption | PML business interruption loss |
| Total PML             | Auto-calculated sum            |

A **Probable Maximum Loss Narrative** field is available to document the assumptions behind the PML estimate.

### Maximum Foreseeable Loss (MFL)

The loss expected under the worst credible scenario, assuming all protection systems fail.

| Field                 | Description                    |
| --------------------- | ------------------------------ |
| Property              | MFL property damage            |
| Business Interruption | MFL business interruption loss |
| Total MFL             | Auto-calculated sum            |

## Total insured value (TIV)

The TIV section captures the insured value of the site broken down by asset category.

| Category                          | Description                                             |
| --------------------------------- | ------------------------------------------------------- |
| Building                          | Insured value of the building structure                 |
| Machinery & Equipment             | Insured value of plant and equipment                    |
| Stock                             | Insured value of raw materials, WIP, and finished goods |
| Business Interruption (12 months) | Annual BI coverage limit                                |
| Other                             | Any other insured values                                |

## Loss estimate narrative

A free-text field for documenting methodology, assumptions, or commentary on the loss estimates.

<Info>
  Currency is inherited from the client record. TIV values feed into the **Total Insured Value** shown in the Survey Details panel and the **Estimated Loss** summary on the Recommendations tab.
</Info>