UK Accounting Glossary
A written notice required by insurance companies directly after an accident or other loss, if a claim will be filed.
According to the policy, you have thirty days to file a notice of loss or your claim will be invalidated.
In the wake of the hurricane, there was another storm – this one of paper, as all of the policyholders in the area began sending in their notices of loss to the insurance companies, detailing the damages to their property.
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This glossary post was last updated: 15th February 2020.