proof of loss


proof of loss
A statement in writing, usually under oath, of a loss sustained by an insured, required by policy provision or statute to be submitted to the insured within the time prescribed by the policy or statute, stating the amount of the loss and the manner in which it occurred. 29A Am J Rev ed Ins §§ 1373-1439. See due proof of loss.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • proof of loss — proof of loss: a statement submitted to an insurer setting forth a loss that the insured expects to be covered; also: proof that such a loss has occurred Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. proof of loss …   Law dictionary

  • proof of loss — proof of loss, a written statement from an insured person claiming payment of loss under an insurance policy: »Nor did he remember that in order to collect fully on a fire insurance policy, proof of loss must be supplied within sixty days (New… …   Useful english dictionary

  • satisfactory proof of loss — A proof of loss made to an insurer, sufficient to make out a prima facie case and to enable the insurer to form an intelligent estimate of its rights and liabilities. 29A Am J Rev ed Ins § 1403 …   Ballentine's law dictionary

  • waiver of proof of loss — A voluntary relinquishment by an insurer having knowledge of all the facts of its right to a written proof of loss to which it is otherwise entitled by the contract of insurance or statute. 29A Am J Rev ed Ins § 1424 …   Ballentine's law dictionary

  • due proof of loss — As required by an insurance policy, reasonable and satisfactory proof; a proof which makes out a prima facie case against the insurer by furnishing information which is substantial and trustworthy enough to enable the insurer to form an… …   Ballentine's law dictionary

  • affirmative proof of loss — Evidence in such form as is usual and customary in such cases, or as is recognized by law, and such as is calculated to convince or persuade the mind of the truth of the facts alleged; clearly, something more than the unverified declaration of… …   Ballentine's law dictionary

  • loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …   Black's law dictionary

  • loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… …   Black's law dictionary

  • proof — The effect of evidence; the establishment of a fact by evidence. New England Newspaper Pub. Co. v. Bonner, C.C.A.Mass., 77 F.2d 915, 916. Any fact or circumstance which leads the mind to the affirmative or negative of any proposition. The… …   Black's law dictionary

  • loss — A deprivation. Damage; also the act of losing and the thing lost. 22 Am J2d Damg § 1. The word is not one of limited, hard and fast meaning. There are many kinds of loss, besides money out of pocket. No man would doubt that he might rightly call… …   Ballentine's law dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.