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
How to Read Your Credit Report
Solve a mystery while learning how important your credit report is with this story-driven interactive.
Should You Have More Than One Life Policy?
Whether you need more than one life insurance policy will depend on your personal and financial situation. In this article, we explore some of the reasons one might purchase additional policies.
A House Divided
By understanding a few key concepts during a divorce, you may be able to avoid common pitfalls.