Examlex
The common law writ of assumpsit was the predecessor of the modern action.
Deductibles
The amount an insured person is required to pay out of pocket before an insurance company covers any expenses.
Co-Payments
Fixed amounts that an insured person is required to pay at the time of receiving medical service, with the balance covered by their health insurance.
Third-Party Liability Insurance
Insurance coverage meant to protect against claims made by a third party for damages or injuries that the policyholder is responsible for.
Tort Liability
The legal responsibility that arises from the commission of a tort, which is an act or omission that gives rise to injury or harm to another and amounts to a civil wrong for which courts impose liability.
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