What is a Loss?
Loss
[los]
noun
1.
A Loss is an injury or damage that is covered by an insurance Policy. Losses can be partial, like when wind damages part of a roof, or total, as when an automobile is "totaled" in a collision.
Related Content
What Kind of Business Insurance Do I Need?
From general liability to property insurance, here are some policies a business owner may want to consider.
Consider Keeping Your Life Insurance When You Retire
Reasons to retain your coverage into your retirement years.
5 Costly Mistakes In Your Life Insurance Policy
There are many considerations when purchasing family life insurance. Make sure your family understands these life insurance mistakes and how to avoid them.