What Does Direct Loss Mean?

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What does Direct Loss mean? Read on to discover the definition & meaning of the term Direct Loss - to help you better understand the language used in insurance policies.

Direct Loss

Direct Loss

Loss 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, as opposed to losses assumed from a front company.

We hope the you have a better understanding of the meaning of Direct Loss.

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