What Does Money Damages Mean?

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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

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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