Severity
Size of a loss. One of the criteria used in calculating premiums rates.
"Severity" In Context
"May 23, 2012 (WLS) -- If you suffer from sleep apnea, new research says have your blood sugar checked. Sleep apnea is a potentially serious disorder in which a sleeper's breathing repeatedly stops and starts. Now, a study presented to the American Thoracic ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.