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
The Wild West of Data Theft
Learn about cyber liability insurance in this entertaining video.
What is a Deductible?
Do you know what a Deductible is?
Long-Term-Care Protection Strategies
The chances of needing long-term care, its cost, and strategies for covering that cost.