Insurance settlement

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.
References in periodicals archive ?
The home suffered severe roof, or siding damage because of a severe storm, or fire, and the insurance settlement failed to provide the homeowner with enough money to make the needed for repairs.
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.
Most survivors ignore the role of a CPA in their insurance settlement process," says Kehrer.
Additional income of $438,000 resulted from an insurance settlement and an additional casualty loss of $155,000 was associated with a litigation settlement related to an August 1998 fire at GreenMan Technologies of Louisiana.
MINNEAPOLIS -- In the first table, in the line titled "Non-GAAP net income before insurance settlement proceeds, News America related legal expense and tax benefit", the figure for Three Months Ended December 31, 2010 should read $434,000 (instead of $4 434,000).
The home suffered severe roof, or siding damage because of a storm, or fire, and the insurance settlement failed to pay for the repairs.
5 billion insurance settlement that would be paid in installments during the rebuild process, according to the Wilprop form, the form it claims was in force and defines the attacks as one incident, said Dubois.
The agency, in turn, maintains that it denied the extension because ``there was nothing particularly unique or unanticipated about delays in reaching an insurance settlement.
based viatical and insurance settlement company, stopped all solicitation of retail investors and ceased business operations.
ATLANTA -- Life insurance settlement company The Lifeline Program today released a consumer video on what makes a life settlement company successful.
Allianz claims that the building can be sold without a resolution to the insurance settlement.

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