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.
You’re hit by an uninsured driver. Now what? Are you protected against financial losses?
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Your deductible does more than lower your premium. Here's what it's actually telling you about your coverage.