Definition : Notice of loss

A written or verbal declaration of an insured transmits to his insurer, his claims adjuster or its insurance broker acting as intermediary, in respect of a loss which may fall under the coverage of the insurance contract. It must be made by the insured, as soon as he becomes aware of the loss, or by any interested person.

 WARNING ! An insurer who has not been so notified, and thereby suffers injury, may set up against the insured any clause of the policy providing for forfeiture of the right to indemnity in such a case.