law: Marine Insurance Act, 1963 
  57. Actual total loss
  (1) Where the
  
  subject-matter insured is destroyed, or so damaged as to cease to be a thing of
  
  the kind insured, or where the assured is irretrievably deprived thereof, there
  
  is an actual total loss.
  (2) In the case of an
  
  actual total loss no notice of abandonment need be given.