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.
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.
Looking to learn about life insurance? This comprehensive article is a great place to start.
Whole life insurance remains in force as long as you remain current with premiums. Here's how it works.
Term insurance is the simplest form of life insurance. Here's how it works.