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
Stop Wasting Money
One way to find money is to examine your current spending habits and eliminate money wasters.
The Wild West of Data Theft
Learn about cyber liability insurance in this entertaining video.
Protecting Your Business from the Loss of a Key Person
Business owners may be able to protect themselves from the financial consequences of losing a key employee.