Match the term with its definition.
-Keeping a loss from happening
A)actual cash value (ACV)
B)commercial general liability (CGL) insurance
C)direct loss
D)disability buyout insurance
E)disability insurance
F)indirect loss
G)loss avoidance
H)loss prevention
I)loss reduction
J)replacement value of property

Question

Quizplus · Accepted Answer

Loss prevention refers to measures or strategies implemented to prevent or minimize the occurrence of losses, such as accidents, theft, or damages, before they happen.

Match the Term with Its Definition