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.
Some people may want a more advanced gifting strategy that can maximize their gift and generate potential tax benefits.
Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.
Without a solid approach, healthcare expenses may add up quickly and potentially alter your spending.