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DIRECT LOSSLoss incurred due to direct damage to property, as opposed to time element or other indirect losses. Also used sometimes by captives to identify losses under policies directly insured by the captive [..]
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DIRECT LOSSLoss of, or damage to, the primary subject of the insurance agreement which is the immediate result of a hazard insured against.
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DIRECT LOSSDefinition Damage that directly occurs as a result of a particular hazard; for example, flood damage.
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DIRECT LOSSsee loss
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DIRECT LOSSDamage to covered real or personal property caused by a covered peril.
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DIRECT LOSSDamage or loss directly due to a particular event or peril.
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DIRECT LOSSDamage or loss caused directly by a particular peril.
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DIRECT LOSSFinancial loss that results directly from an insured peril.
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DIRECT LOSSa financial loss that results from the physical damage, destruction, or theft of the property
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DIRECT LOSSA loss that is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indirec [..]
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DIRECT LOSSA loss which is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indire [..]
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DIRECT LOSSA loss where an insured peril is the proximate cause. If a windstorm blows the roof off a home, the windstorm is the insured peril causing the direct loss or damage.
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DIRECT LOSSA loss, which is a direct consequence of a particular peril. Fire damage to a refrigerator would be a direct loss. Spoiling of food in the refrigerator as a result of the fire damage would be an indir [..]
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DIRECT LOSSFinancial loss that results directly from an insured peril.
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DIRECT LOSSA loss where an insured peril is the proximate cause. If a windstorm blows the roof off a home, the windstorm is the insured peril causing the direct loss or damage.
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