What does Class Action mean? Read on to discover the definition & meaning of the term Class Action - to help you better understand the language used in insurance policies.
A type of lawsuit that is brought by a single, affected individual on behalf of a large group of similarly affected individuals. Class actions were created by the judicial system because frequently, the number of plaintiffs involved in a lawsuit is so numerous that it would be onerous to name and adjudicate the claims of all plaintiffs on an individual basis.
We hope the you have a better understanding of the meaning of Class Action.