insured loss
1loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …
2loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …
3loss — n 1: physical, emotional, or esp. economic harm or damage sustained: as a: decrease in value, capital, or amount compare gain b: an amount by which the cost of something (as goods or services) exceeds the selling price compare …
4insured — in·sured n: a person whose life, physical well being, or property is the subject of insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. insured …
5Loss — (l[o^]s; 115), n. [AS. los loss, losing, fr. le[ o]san to lose. [root]127. See {Lose}, v. t.] 1. The act of losing; failure; destruction; privation; as, the loss of property; loss of money by gaming; loss of health or reputation. [1913 Webster]… …
6insured — [in shoord′] n. a person whose life, property, etc. is insured against loss …
7loss adjuster — someone who specialises in investigating claims under insurance policies. The law in this area is most specialised, and adjusters do not merely check the facts but seek out such facts as are relevant to the policy or policies of the type in… …
8loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… …
9Loss payee clause — A loss payee clause (or loss payable clause) is a clause in a contract of insurance which provides that in the event of payment being made under the policy in relation to the insured risk, payment will be made to a third party rather than to the… …
10Loss Payee — The party to whom the claim from a loss is to be paid. Loss payee can mean several different things; in the insurance industry, the insured or the party entitled to payment is the loss payee. The insured can expect reimbursement from the… …
