The point at which an injured person may bring tort action under a modified no-fault auto plan. Many no-fault plans allow only tort action for pain and suffering after medical bills exceed some figure, like $1,000, or if disfigurement or death occurs.

Under a no-fault auto insurance policy, the amount at which the insured may bring legal action due to a tort. Often, a no-fault auto insurance policy states that this type of action may only be taken after medical bills exceed a certain amount, or in the case of death or dismemberment.

A retirement plan with an added employee savings feature.