A legal term referring to using the limits of multiple policies to one claim or event. This can be done if more than one policy covers a loss.
Insurance Encyclopedia
Staff Adjuster
An insurance company employee who settles claims for losses on its behalf.
Staff model
Type of health maintenance organization (HMO) in which the health plan hires physicians, nurses, and other medical professionals directly and pays them a salary. They provide services at plan-owned facilities. Patients pay low premiums and have few out-of-pocket expenses but must choose doctors within the plan. Also see group model health maintenance organization (HMO) .
Staff model HMO (Health Insurance)
A type of HMO wherein all premiums are paid directly to the HMO, which hires physicians. The physicians are then paid a salary and predetermined bonuses.
Staff-assisted dialysis
Kidney dialysis performed by the staff of the renal dialysis center or facility.
Stage Carriage for Motor
A motor vehicle constructed or adapted to carry more than six passengers excluding the driver for hire or reward at separate fares paid by or for individual passengers either for the whole journey or for stage of the journey.
Stage Carrier v/s Contract Carriage for Motor
The Contract carriage is engaged for the whole of the journey between two points for carriage of a person or persons hiring it, but it has not the right to pick up other passengers en route. The stage carriage, on the other hand, runs between two points irrespective of any prior contract, and it is boarded by passengers en route who pay the rate for the distance they propose to travel.
Stage One
The first part of the separation procedure, in which accounting is carried out.
Stage Two
The second part of separation procedure, wherein Policy signing is carried out.
Staggered vesting phased retirement
See: PHASED RETIREMENT.