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Term of the Day
loss control
loss carryover
Associate in Loss Control Management (ALCM)
Definition
Actions
performed by the
insured
to
reduce
the chance of a
loss
or the extent of a loss, for example, locking
valuables
in a
safe
or keeping fire extinguishers in a home or
business
.
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Related Terms
Associate in Loss Control Management (ALCM)
Mentioned in these terms
Associate in Loss Control Management (ALCM)
loss-control activities
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