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.
Maintaining good records for your business not only helps to meet your tax and legal obligations, but it can save you money.
Business owners may be able to protect themselves from the financial consequences of losing a key employee.
Do you know what a Deductible is?