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
Extended Care: A Patchwork of Possibilities
What is your plan for health care during retirement?
How Compound Interest Works
Use this calculator to better see the potential impact of compound interest on an asset.
To Catch a Thief
Having your identity stolen may result in financial loss plus the cost of trying to restore your good name.