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Insurance Settlement |
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Insurance settlement The payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy. Insurance Settlement A payment on an insurance claim. That is, when a valid insurance claim is made, the insurer makes a payment to the policyholder. This is called the insurance settlement. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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But Doug Head, executive director of the Life insurance Settlement Association, said his organization opposes what he called "stranger-initiated" life insurance. Funding for the new project will be provided by a combination of an insurance settlement and New York City and New York State public agencies, including the Lower Manhattan Development Corporation. Goodyear Tire & Rubber, Akron, OH, will receive $22 million in an insurance settlement for asbestos and pollution related claims previously filed by the tiremaker. |
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