loss payeeglossary / LOSS PAYEE loss payee. Insurance. A person or entity named in an insurance policy (under a loss-payable clause) to be paid if the insured property suffers a loss. [Cases: Insurance 3450. C.J.S. Insurance §§ 1404, 1520.] 词条贡献者 译者Stanley,毕业于法国顶尖的高级翻译学院,擅长翻译各种与数据保护与网络安全相关的法律文件。