What would you do if you knew that your time in life is ticking away by the minute? A mysterious "referee" appears in front of individuals in their dying moments while living their usual lives, and announces the exact amount of time they have left to live. Each individual must make a quick decision on how to best spend the time remaining before his or her time expires.

"Loss:Time:Life" is an omnibus drama series that shows a new character each week about to die. A group of referees then appears stopping time and allowing the main character extra time based on the time wasted during that character's life.