Prevents item loss caused by dying, but breaks upon dying. Not very useful any longer, but it´s useful if people stand outside temple and wish to kill you after you died. When CIP has fixed this problem with being unable to buy blessings because you're trapped in a temple they will turn it into a broken amulet. Since update 8.41 buying all blessings gives same functionality as amulet of loss. It does not work on red skulled and black skulled players. In this case it breaks and is not lootable.