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Exam term

Indirect loss

A loss that follows from the direct damage, such as lost rent, lost profits or extra living costs during repairs; also called consequential loss.

Lessons that use this term

  • Loss exposure and risk management techniques California
  • Risk, exposure, hazard, peril, and loss, and the methods of handling risk New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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