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Bad Faith

Dishonesty or fraud in a transaction, often characterized by the intent to deceive or mislead another in order to gain some advantage.

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Beneficiary

A person or entity who receives a profit, advantage or benefit in some way. In a wrongful death case, a named beneficiary will often receive a specified inheritance from the deceased’s estate.

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Benefits

Anything of value, including but not limited to any advantage, preference, privilege, license or favorable decision. In terms of a personal injury claim (for example, where an individual is injured as a result of an automobile accident or medical malpractice claim) the person suffering injuries is entitled to receive financial benefits for medical bills, lost wages and property damage. In order to receive these benefits, negligence has to be attributed to another party.

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Bodily Injury Liability

A type of liability insurance that is not required by Florida law for an individual to obtain a vehicle tag. However, bodily injury liability coverage can become a crucial element for providing extra financial benefits to someone who is injured in an automobile accident or motorcycle accident. For example, if another party hits them and is found negligent, the injured party can receive financial compensation from the negligent person’s bodily injury liability coverage.

The amount of benefits the injured person can receive from this type of coverage depends on how much the at-fault party purchased in their insurance policy.

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Breach Of Duty

Also known as negligent acts or malpractice. This occurs when a party in a relationship who is held to a high standard of care (such as between doctor and patient and property owner and visitor) does not uphold their duty to practice safe standards.

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