Loss
Loss, in insurance is the financial damage suffered due to an insurable event. Under the terms of a policy, the insured needs to incur a loss in order to have a claim for damages. See also: Consequential Loss.
Loss, in insurance is the financial damage suffered due to an insurable event. Under the terms of a policy, the insured needs to incur a loss in order to have a claim for damages. See also: Consequential Loss.
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