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
Strategies for Managing Student Loan Debt
Five strategies for managing your student debt.
10 Most Common and Costly Small Business Claims
Here are the 10 most common claims against small businesses. Are you covered?
When is the Right Time to Buy Life Insurance?
It's never too early to start thinking about life insurance. Waiting until you're older or in poor health is never a good idea.