20:59
got a random stanford email and almost had a heart attack
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LSDefine
Simple English definitions for legal terms
no-claim
Read a random definition: inarbitrable
A quick definition of no-claim:
Term: NO-CLAIM
Definition: No-claim means that there is no request or demand for something. It is the opposite of a claim. Legal experts use this term to describe the absence of a claim. They came up with the term because there is no other word in English that expresses this idea.
A more thorough explanation:
Definition: No-claim is a term used in law to describe the absence of a claim. It means that there is no legal right or entitlement to something.
Legal experts created this term to describe the opposite of a claim. It is used to indicate that there is no word in English that expresses the lack of a claim. Therefore, the term "no-claim" was suggested as a substitute.
Example: If you have car insurance and you do not make any claims during the policy period, you are entitled to a no-claim bonus. This means that you will receive a discount on your next year's premium because you did not make any claims.
Explanation: In this example, the absence of a claim is beneficial to the policyholder. By not making any claims, they are entitled to a discount on their insurance premium. This is an incentive for people to drive safely and avoid accidents.