What Does Loss Payout Curve Mean?

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

Loss Payout Curve

Loss Payout Curve

A representation of the delay between the time a loss is incurred and the date of the actual loss payments that is, for liability and workers compensation claims. Also called a payout profile.

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

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