What Does Reported Losses Mean?

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

Reported Losses

Reported Losses

Includes both expected payments for losses relating to insured events that have occurred and have been reported to the insurance company, but not yet paid.

We hope the you have a better understanding of the meaning of Reported Losses.

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