Insurance

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.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Combine Your Policies and Save

Combine Your Policies and Save

Some things just make perfect sense in pairs.

Who Does Survivorship Life Insurance Benefit?

Who Does Survivorship Life Insurance Benefit?

For married couples, weighing life insurance pros and cons later in life is key to choosing what fits your needs.

Deepfakes & Cyber Liability

Deepfakes & Cyber Liability

Cyber security is more than just email links. Find out if modern scams like deepfakes are covered by Cyber Liability coverage