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.
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Annuities are a popular and well-established method of providing a secure retirement income. Here are our answers to a few of the most common questions asked by people who are considering this option.