noun
1.
Loss of Use coverage can help if a policyholder loses the use of their home because of a covered event. For example, if dining out becomes necessary due to an unusable kitchen, Loss of Use coverage typically means the “difference” from normal expenditures will be covered.
This article is perfect for those looking to maintain their life insurance or explore alternate options during retirement.
Make sure your family understands these life insurance mistakes and how to avoid them.
In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings.