What Does Money Damages Mean?
What does Money Damages mean? Read on to discover the definition & meaning of the term Money Damages - to help you better understand the language used in insurance policies.
Money Damages
Money damages are monetary awards that one party is ordered to pay to another party after losing a civil lawsuit. Insurance companies also frequently sue each other for money damages. Policy holders may also sue insurance companies for money damages.
We hope the you have a better understanding of the meaning of Money Damages.
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