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.
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.
When selecting a fixed-rate mortgage, a borrower has to determine how many years to finance the loan.
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.
Do you know what a Claim is?