The total financial impact of a loss extends beyond the replacement cost of a stolen or damaged item. It includes:
Temporary replacement costs (e.g., rental equipment or substitute materials)
Downtime costs (e.g., loss of production or service disruption)
Discounted or future cash flow losses, such as delayed revenues or lost customers
These hidden or indirect costs can significantly increase the true loss value.
References from PSP: ASIS POA – Total Cost of Loss; PSP Manual – Loss Impact Assessment
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