Wage Loss

Written by  //  June 24, 2011  //  Insurance Glossary: T-Z, Insurance Terms  //  Comments Off on Wage Loss

This is coverage provided under First-Party Benefits to reimburse you for lost wages. In most states the amount of wages recoverable is limited to a percentage of the lost wages. These are the wages that would have been earned in a fixed time period, and/or the total amount of First-Party Benefits receivable. Limits are specific to each state.

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