facility of payment clause

facility of payment clause
fa·cil·i·ty of pay·ment clause /fə-'si-lə-tē-/: a clause in an insurance policy permitting the insurer to pay the death benefit to a relative of the insured or to any other person esp. by reason of the person's incurring expenses (as funeral expenses) on the insured's behalf

Merriam-Webster’s Dictionary of Law. . 1996.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • facility of payment clause — An appointment by the parties to an insurance contract of persons or classes of persons who may receive payment of the benefits or proceeds accruing under the contract, give receipt therefor to the insurer so as to discharge it from liability,… …   Ballentine's law dictionary

  • facility of payment clause — Provision in insurance policy providing for appointment by insured and beneficiary of persons authorized to receive payment. Downey v. Downey, 1 Conn.App. 489, 472 A.2d 1296, 1298. It confers on insurer an option as to whom it will make payment.… …   Black's law dictionary

  • facility of payment clause — Provision in insurance policy providing for appointment by insured and beneficiary of persons authorized to receive payment. Downey v. Downey, 1 Conn.App. 489, 472 A.2d 1296, 1298. It confers on insurer an option as to whom it will make payment.… …   Black's law dictionary

  • facility of payment clause — a provision in an industrial life insurance policy permitting the company to pay the death benefit to a relative of the insured or any other person entitled thereto by reason of his having paid expenses in the insured s behalf …   Useful english dictionary

  • United States Postal Service — This article is about the government agency. For individual post offices, see U.S. Post Office (disambiguation). For the cycling team, see Discovery Channel Pro Cycling Team. USPS redirects here. For the non profit boating safety and education… …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Health Insurance Portability and Accountability Act — The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers… …   Wikipedia

  • Regulatory taking — refers to a situation in which a government regulates a property to such a degree that the regulation effectively amounts to an exercise of the government s eminent domain power without actually divesting the property s owner of title to the… …   Wikipedia

  • Radio-frequency identification — (RFID) is a technology that uses radio waves to transfer data from an electronic tag, called RFID tag or label, attached to an object, through a reader for the purpose of identifying and tracking the object. Some RFID tags can be read from… …   Wikipedia

  • Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”