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Proof of Loss. Definition. A formal statement made by the insured to the insurer regarding a claim, especially in property insurance, so that the insurer may determine its liability under the policy.What is a sworn statement of loss?
A sworn proof of loss is the insureds signed sworn statement as to his belief of the amount of loss. The oath carries with it the penalties of perjuryup to 5 years in prison in most states. This form is a generic example that may be referred to when preparing such a form for your particular state.