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
Insurance Needs Assessment: Married With Children
When you’re married and have children, insurance needs will be different.
COBRA Coverage
Curious about alternate insurance options? This article will help you learn the basics of COBRA coverage.
Consider Keeping Your Life Insurance When You Retire
Reasons to retain your coverage into your retirement years.