A loss payee is the person or institution that receives the insurance payment from a loss. The loss payee is a legal definition used to cover the investment of other parties when you lose property.

In July 2025, the Milwaukee Journal Sentinel reported on a Wisconsin woman whose family feared her representative payee might have misused her funds. Representative payees are responsible for aiding ...

A payee is a person or business entity receiving a payment. If you're sending an invoice payment, the payee is the vendor, credit card company or government agency to whom you've written the check. If ...