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
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.
5 Factors That May Impact Your Car Insurance Rate
While there are many factors that could affect your car insurance rates, these five you’ll want to keep at the top of your mind.
Reviewing Your Life Insurance Needs
Learn how the review process works and how it may help you better understand your Life Insurance.