InsuranceMalpractice insurance Employee stock ownership plans (ESOPS) Promissory warranty Notice of loss Schedule Agent
Direct loss
An insurance term that refers to a loss that is a direct result of a series of connected events starting from an insured risk. In simpler terms, it means that the loss can be traced back to the original cause. This is an important concept to understand in the world of finance and insurance, as it helps determine coverage and claim eligibility. Essentially, it is the fundamental principle behind insurance protection. So remember, an unbroken chain of events can lead to a covered loss.
Related terms
Understand the meaning and definition of Malpractice insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Employee stock ownership plans (ESOPS) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Promissory warranty in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Notice of loss in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Schedule in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Agent in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
