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 法律翻译Fang,毕业于新加坡知名法学院,专注翻译各类与白领犯罪与调查有关的法律文件。