Annuitant is an investor or a pension plan beneficiary who is entitled to receive the regular payments of a pension or an annuity.
Cases such as this one from New Hampshire, explain that an ‘annuitant’ “enjoys status...
insurance
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Coinsurance is a risk-sharing agreement between the insurer and the insured under a particular insurance policy. The insured agrees to cover a percentage of the losses after the deductible is satisfied, which means that the insured must pay...
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Liberty Mutual Insurance Company administers a health plan, the Liberty Mutual Medical Plan (the “Plan”), which covers 84,000 people nationwide and 137 people in Vermont. See Liberty Mut. Ins. Co. v. Donegan, 746 F.3d 497, 501 (2d Cir. 2014). The Plan...
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Bridget Hardt, worked as an executive assistant to the president of a textile manufacturer, Dan River Inc.; in 2000, she was diagnosed with carpal tunnel syndrome (“CTS”) and had surgery on both wrists to relieve the pain. See Hardt v. Reliance...
(Wex page)
An insured is a person or organization whose life, health, or property is covered by an insurance policy. The insured's loss results in the insurer's obligation to pay the proceeds of the insurance policy.
By contrast, the...
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The insurer is the party in an insurance contract that promises to pay compensation. The insurer is an entity, usually an insurance company, that underwrites the insured risk.
By contrast, the insured is a person or...
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In 2010, to help increase health care insurance coverage, Congress passed the Patient Protection and Affordable Care Act (“ACA”). See King v. Burwell, 759 F.3d 358, 363 (4th Cir. 2014). Facilitating insurance-plan purchases, § 1311 of the ACA requires...
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On December 1, 2008, a drunk driver injured Robert Montanile in a car accident. See Bd. of Trs. of the Nat’l Elevator Indus. Health Benefit Plan v. Montanile, 593 Fed. Appx. 903, 906 (U.S. App. 2014). Montanile suffered injuries to his neck and lower...
(Wex page)
Universal life insurance is a type of life insurance that lasts for the life of the insured and has flexible premiums, death benefits, and cash value. Universal life insurance operates similarly to whole life insurance in that the insured...