What is the Definition of Proof Of Loss?

What is the Definition of Proof Of Loss?

Documents showing the insurance company that a loss occurred.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Proof Of Loss?

You can find random definition and meaning of insurance terms below:


What is the meaning of Market value

The value of property in terms of what it can be sold for in the open market.


What is the meaning of Medical payments (auto)

Coverage for reasonable medical expenses to you and others in the event of an accident, regardless of who is at fault. In your policy, this may be referred to as medical expenses or medical benefits.


What is the meaning of Medical payments to others (property)

This coverage may provide payment for medical expenses resulting from an accident on your property. "Med pay" is intended for the immediate medical treatment of guests on your premises, without determining fault. This coverage is subject to specific dollar limits per incident, and availability may vary.


Thank you for visiting our website and read this FAQ article about "What is the Definition of Proof Of Loss?". We hope you get what you searching for.

definitionly.com is a website that contains information about the definition or meaning of a word. You can search for the terms you are looking for in the search field above.

Related Posts

Subscribe Our Newsletter