Common use of Recovery of Benefits Clause in Contracts

Recovery of Benefits. In the event that the insured’s liability in damages is reduced because benefits and/or charges included in the damages are to be paid under statute to the Compensation Recovery Unit or its successor, the insured’s liability in damages for the purposes of this insurance will be deemed to include such benefits and charges.

Recovery of Benefits. In the event that the insured’s your liability in damages is reduced because benefits and/or charges included in the damages are to be paid under statute to the Compensation Recovery Unit or its successor, the insured’s your liability in damages for the purposes of this insurance will be deemed to include such benefits and charges.