Salvage

(1) the amount received by an insurer from the sale of property (usually damaged) on which he has paid a total loss to the insured. For example, when an insurer has paid the insured the actual cash value of a car damaged (usually extensively by collision), then the insurer takes title to and sells the damaged vehicle for his own account. Salvage is applied by insurance companies to reduce the amount of claim paid; (2) remuneration payable independently of contract to an outside party who takes part in a successful rescue operation to save life or property at sea.

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Policy Detective is a UK company for UK customers. We help you to track-down the Administrators for policies which you or your loved ones may have in the bureau or the attic. You never know how much money there could be in that old policy. It's not easy to find this information, as companies through time are taken-over, merge with other companies and even change their names. We can help you find the company which now deals with your policy. Some companies even allow us to check the status of your policy.