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
Do Your Kids Know The Value of a Silver Spoon?
You taught them how to read and how to ride a bike, but have you taught your children how to manage money?
5 Key Points for Choosing a Life Insurance Policy
While price is a big factor, there are other important factors to consider when choosing the right life insurance policy for you.
Comparing Mortgage Terms
Estimate the total cost in today's dollars of various mortgage alternatives.