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
Assess Life Insurance Needs
How to help determine life insurance needs to provide for your family after you pass away.
Consider Keeping Your Life Insurance When You Retire
Reasons to retain your coverage into your retirement years.
Why An Annuity May Be Key to Your Retirement Plan
If you’re looking for a way to supplement your income in retirement, an annuity may be for you.