First party benefits definition

First party benefits means payments to reimburse a person for basic economic loss on account of personal injury arising out of the use or operation of a motor vehicle, less:
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First party benefits means benefits paid or payable by an insurer to an insured of that insurer under a personal injury protection policy or a tort maintenance coverage policy applicable to that insured;
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First party benefits means payments made to a covered person to reimburse the person for a covered economic loss.
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Examples of First party benefits in a sentence

  • First party benefits are benefits paid by a plaintiff’s own insurance carrier.

  • First party benefits shall not be increased by stacking the limits of coverage of: (l) multiple motor vehicles covered under the same policy of insurance; or (2) multiple motor vehicle policies covering the individual for the same loss.

  • LEXIS 1195 (December 4, 2019)Stevens, P.J.E. • Driver in a serious collision suffered PTSD.• First party benefits after being initially accepted, were denied by Travelers.• Policy governs bodily injury which includes treatment, that treatment consisting of psychiatric and psychological services.• PTSD was intertwined with physical injuries.

  • First party benefits, like universal health care, are available to all injured in car accidents regardless of fault.

  • New Brunswick medical and rehabilitation limits are set at $50,000.17 First party benefits are designed to provide injured people with a basic level of benefits aimed at addressing injury in the early phases and to provide basic levels of benefits that will facilitate a return to work and other activities.

  • First party benefits include protection for data recovery and business interruption, extortion threats and regulatory defense and penalties.

  • First party benefits (limited to employee medical costs and income loss) if coverage is not provided through healthcare insurance, through workers’ compensation, through the operator’s personal insurance policy or through a family member’s personal automobile insurance policythat names the operator as an additional insured.

  • We released 1.1 million Dundee REIT units in satisfaction of the conversion feature, recognizing an associated gain on the disposition of the Dundee REIT units of approximately $3.0 million.

  • First party benefits must be substantially reformed to permit the cost savings needed to restore fairness to the product.

Related to First party benefits

  • Third Party Beneficiaries has the meaning ascribed thereto in Section 8.8(1).

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;

  • Claim for Benefits means a request for a Plan benefit or benefits made by a Member in accordance with the Plan’s Appeals Procedures, including any Pre-Service Claims (requests for Prior Authorization) and Post-Service Claims (requests for benefit payment).

  • Mutual Benefits means the transient and steady-state support that the integrated generation and Transmission Systems in PJM and New York provide to each other inherently by virtue of being interconnected as described in Section 35.4 of this Agreement.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • Benefits as defined in Section 3.1(b).

  • Resource Adequacy Benefits means the rights and privileges attached to the Generating Facility that satisfy any Person’s resource adequacy obligations, as those obligations are set forth in any Resource Adequacy Rulings and shall include any local, zonal or otherwise locational attributes associated with the Generating Facility.

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Exculpated Claim means any Claim related to any act or omission in connection with, relating to, or arising out of the Debtors' in or out of court restructuring, the Chapter 11 Cases, formulation, preparation, dissemination, negotiation, or filing of the Disclosure Statement, the Plan, the settlement of Claims or renegotiation of Executory Contracts or Unexpired Leases, the negotiation of the Plan, the DIP Credit Agreement, the Plan Supplement, the Exit Facility Credit Agreement, or any contract, instrument, release, or other agreement or document created or entered into in connection with the Disclosure Statement or Plan, the filing of the Chapter 11 Cases, the pursuit of Confirmation, the pursuit of consummation of the Plan, the administration, consummation, and implementation of the Plan, the distribution of property under the Plan, or any transaction contemplated by the Plan or Disclosure Statement, or in furtherance thereof; provided, however, that Exculpated Claims shall not include any claim arising out of any act or omission that is determined in a Final Order to have constituted gross negligence, willful misconduct, or intentional fraud to the extent imposed by applicable non-bankruptcy law. For the avoidance of doubt, no Cause of Action, obligation or liability expressly set forth in or preserved by the Plan or the Plan Supplement constitutes an Exculpated Claim.

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Damage waiver means a rental company’s agreement not

  • Indemnifying Parties has the meaning set forth in Section 6.08(b).

  • transitional matter means a matter that needs to be dealt with for the purpose of effecting the transition from the provisions of the Acts amended by this Act as in force before this Act comes into operation to the provisions of those Acts as in force after this Act comes into operation.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Employment benefits means all benefits provided or made

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Released PAGA Claims means the claims being released as described in Paragraph 6.2 below.

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Disability Benefit means the benefit set forth in Article 8.