Gross Loss
The amount of loss before giving effect to reinsurance. Usually reported inclusive of claim expenses. It may also be considered as the loss without allowance for collection of salvage.
Surety Bond Resources
Think a surety bond works like insurance? It doesn’t. You pay, but you’re still responsible. What is a surety bond?...
A landscaping bond is a type of business service bond that protects your clients from theft or fraud by employees....
A moving company bond is a surety bond that protects your customers if an employee steals or damages their belongings....
Questions?
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