iNSURANCE to reimburse policyholders for legal fees incurred for defense from lawsuits involving areas of civil law not covered by standard liability iNSURANCE, such as discrimination, wrongful discharge, contract disputes, and patient disputes.
Tag: RAW
Legal expense insurance (Liability Insurance)
Insurance that provides policyholders with legal services. These services are paid for according to a schedule.
Legal expenses insurance
An insurance for individuals, families and businesses to enable them to meet the cost of defending or pursuing certain civil actions. Cover is also available for defending prosecutions and allowance is made for attendance expenses in connection with court hearings or similar proceedings. See COMan MERCIAL LEGAL EXPENSES; MOTOR LEGAL EXPENSES.
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A group form of insurance which provides members with legal services paid for on a schedule basis. Similar to Dental Insurance.
Legal father
Male who is considered under the law to be the father of a child but may not necessarily be the biological father. Definitions vary by state, but most common is “the man married to the birth mother at the time of birth.” In adoption cases, the legal father is called the father of the adoptee and his rights must be terminated for an adoption to be carried out.
Legal guardian
See: guardian.
Legal Hazard
An increase in the likelihood that a loss will occur because of statute, court actions, or administrative regulations. For example, a government agency rules that a particular product may cause cancer and should be removed from the marketplace. A firm that manufactures such a product could become the object of lawsuits arising out of the use of its product because of the new regulation.
Legal hazard (Legal Terminology)
A rise in the chance of a loss due to legal action.
Legal health record
Patient medical record that complies with federal, state, and local laws and a definition developed by each organization based on its needs and what it requires to fulfill its mission. Each organization has its own custom legal health record definition.
Legal Insurance
Prepaid legal insurance coverage plan sold on a group basis.
Legal Liability
Any liability imposed on a person by a Court of Law.
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UK: Liability attaching to a party because of the breach of a legal duty or by way of statute. Employers’ liability, public liability insurances, etc., insure the legal liability of the insured and not the injury, damage or loss suffered by the third party. If there is no legal liability there will be no payment to an injured claimant. The allegation of liability is sufficient to give the insured access to the insurer’s help by way of defence costs and claims handling.
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Liability imposed by law, including liability based on negligence, strict liability, or contractual liability.