Assignment of Benefits definition: Copy, customize, and use instantly
Introduction
The term "Assignment of Benefits" refers to the legal transfer of benefits or rights under a contract or insurance policy from one party to another. It is important for defining the transfer of rights, ensuring that benefits intended for one party can be used by another under specified conditions.
Below are various examples of how "Assignment of Benefits" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contracts.
Definition of "Assignment of Benefits" as the transfer of policy rights
This definition ties "Assignment of Benefits" to the transfer of rights under an insurance policy.
"Assignment of Benefits" means the transfer of the right to receive benefits under an insurance policy from the insured to a third party.
Definition of "Assignment of Benefits" as a transfer in healthcare agreements
This definition connects "Assignment of Benefits" to healthcare agreements, where medical benefits are assigned to healthcare providers.
"Assignment of Benefits" refers to the transfer of medical or healthcare benefits to a healthcare provider, enabling them to receive direct payments.
Definition of "Assignment of Benefits" as a transfer of financial benefits
This definition links "Assignment of Benefits" to the transfer of financial benefits from one party to another.
"Assignment of Benefits" means the transfer of financial benefits from a contract or policyholder to a third party for the purpose of compensation.
Definition of "Assignment of Benefits" as a transfer in personal injury cases
This connects "Assignment of Benefits" to legal cases, particularly in personal injury claims, where benefits are assigned to attorneys or medical professionals.
"Assignment of Benefits" refers to the transfer of personal injury compensation or insurance benefits to a lawyer or medical provider for services rendered.
Definition of "Assignment of Benefits" as a contractual agreement
This focuses on the assignment of benefits within a contractual agreement where one party transfers their rights to another party.
"Assignment of Benefits" means a contractual arrangement where one party transfers their entitlement to benefits or rights under the contract to another party.
Definition of "Assignment of Benefits" as an authorization of payment
This defines the assignment of benefits as a formal authorization for payment to a third party, commonly seen in insurance claims.
"Assignment of Benefits" refers to the authorization of payment directly to a third party, typically an insurer or provider, by the beneficiary of a contract.
Definition of "Assignment of Benefits" as a legal transfer under insurance
This definition ties the term to a specific legal transfer in the context of insurance policies.
"Assignment of Benefits" means the legal transfer of rights or benefits under an insurance policy from the policyholder to a designated beneficiary or third party.
Definition of "Assignment of Benefits" as a form of subrogation
This relates the assignment of benefits to subrogation, where rights to benefits are assigned to a third party to settle a claim.
"Assignment of Benefits" refers to the process of transferring the right to claim benefits under a policy to a third party, typically for the purposes of subrogation.
Definition of "Assignment of Benefits" as the transfer of tax benefits
This defines the concept as a transfer of benefits related to taxes or deductions to another entity.
"Assignment of Benefits" means the transfer of tax-related benefits, such as credits or deductions, to another party as per contractual agreements.
Definition of "Assignment of Benefits" as a transaction in property management
This applies the concept to property management agreements, where benefits tied to the property are assigned to others.
"Assignment of Benefits" refers to the transfer of rights to property-related benefits from one party to another under property management or lease agreements.
Definition of "Assignment of Benefits" as a transfer of insurance policy proceeds
This highlights the transfer of proceeds under an insurance policy to a designated recipient.
"Assignment of Benefits" means the transfer of proceeds from an insurance policy to a third party designated by the policyholder.
Definition of "Assignment of Benefits" as a transfer in workers’ compensation cases
This connects the term to workers’ compensation claims, where benefits are transferred to medical providers or legal representatives.
"Assignment of Benefits" refers to the transfer of workers' compensation benefits to medical providers or legal representatives for services rendered.
Definition of "Assignment of Benefits" as a method of securing payment
This ties the assignment of benefits to the process of securing payment for services rendered, particularly in the medical field.
"Assignment of Benefits" means the process of assigning medical or other benefits to a service provider in exchange for payment directly to the provider.
Definition of "Assignment of Benefits" as a way of managing debt obligations
This relates to the use of assignment of benefits in managing debt, where benefits or rights are transferred to settle debts.
"Assignment of Benefits" refers to the assignment of rights or benefits to a creditor as part of an agreement to settle or manage outstanding debt obligations.
Definition of "Assignment of Benefits" as the delegation of policyholder rights
This defines the concept in terms of a policyholder transferring their rights to receive benefits under a policy to another party.
"Assignment of Benefits" means the delegation of a policyholder's rights to receive benefits under an insurance policy to a third party.
Definition of "Assignment of Benefits" as an act of transferring healthcare reimbursements
This connects the assignment of benefits to the transfer of reimbursement payments in the healthcare sector.
"Assignment of Benefits" refers to the process of transferring healthcare reimbursement payments from an insurance provider to a healthcare provider or facility.
Definition of "Assignment of Benefits" as a transfer of rental income benefits
This links the term to property rental agreements, where rental income benefits are transferred to another party.
"Assignment of Benefits" means the transfer of rental income or benefits from a property lease to a third party, such as a financial institution or service provider.
Definition of "Assignment of Benefits" as the transfer of legal settlement benefits
This definition ties "Assignment of Benefits" to legal settlements where the right to a settlement is transferred.
"Assignment of Benefits" refers to the transfer of rights to receive legal settlement benefits from the injured party to their attorney or another designated recipient.
Definition of "Assignment of Benefits" as a legal right for third parties
This focuses on the concept of third parties acquiring the legal right to benefits under a contract.
"Assignment of Benefits" means the legal right of third parties to receive benefits under a contract or policy, as granted by the assignor.
Definition of "Assignment of Benefits" as a transfer under a pension plan
This connects the assignment of benefits to pension plans, where pension benefits are transferred to beneficiaries.
"Assignment of Benefits" refers to the transfer of benefits under a pension plan from the original recipient to a third party, such as a family member or financial institution.
Definition of "Assignment of Benefits" as an agreement to transfer entitlements
This defines the assignment of benefits as an agreement to transfer specific entitlements under a legal or financial arrangement.
"Assignment of Benefits" means an agreement in which one party transfers their entitlements to benefits or rights under a legal contract to another party.
Definition of "Assignment of Benefits" as a transfer of funds in financial contracts
This refers to the transfer of funds under financial contracts where one party assigns benefits to another.
"Assignment of Benefits" refers to the transfer of monetary benefits or payments under a financial contract to a third party.
Definition of "Assignment of Benefits" as the assignment of rights in bankruptcy proceedings
This definition links "Assignment of Benefits" to bankruptcy law, where benefits or rights are assigned during proceedings.
"Assignment of Benefits" means the transfer of certain rights or benefits to a creditor or trustee in a bankruptcy proceeding.
Definition of "Assignment of Benefits" as the allocation of insurance policy rights
This definition relates to insurance policies, where the policyholder assigns rights to benefits to another party.
"Assignment of Benefits" refers to the allocation of rights to receive benefits from an insurance policy to another designated party.
Definition of "Assignment of Benefits" as the transfer of educational benefits
This definition ties the concept to educational benefits, where students assign their rights to financial aid or scholarships.
"Assignment of Benefits" refers to the transfer of educational or scholarship benefits from a student to a third party, such as an educational institution.
Definition of "Assignment of Benefits" as the transfer of government benefits
This applies the concept to government benefits, such as social security or disability payments, assigned to others.
"Assignment of Benefits" means the transfer of rights to receive government benefits, such as social security or disability payments, to another person or entity.
Definition of "Assignment of Benefits" as the legal right to transfer benefits
This definition highlights the legal process through which rights to benefits are transferred.
"Assignment of Benefits" means the legal right granted to a party to transfer their rights to benefits under a contract, policy, or law to a third party.
Definition of "Assignment of Benefits" as the transfer in a life insurance policy
This defines the transfer of benefits specifically in the context of a life insurance policy.
"Assignment of Benefits" refers to the transfer of death benefits or any other rights under a life insurance policy to a designated beneficiary or third party.
Definition of "Assignment of Benefits" as a transfer for mortgage payments
This ties the assignment of benefits to mortgage agreements, where the rights to mortgage-related benefits are transferred to another party.
"Assignment of Benefits" means the transfer of mortgage-related benefits, such as the right to claim insurance or other financial claims, to a third party like a lender or service provider.
Definition of "Assignment of Benefits" as the transfer of rights in an employment benefits plan
This focuses on the transfer of benefits under employment-related agreements.
"Assignment of Benefits" refers to the transfer of entitlements under an employment benefits plan, such as health or retirement benefits, to a designated party or institution.
Definition of "Assignment of Benefits" as a way to transfer tax advantages
This connects "Assignment of Benefits" to the transfer of tax-related benefits.
"Assignment of Benefits" means the process of transferring tax-related advantages, such as deductions or credits, to a third party or business entity.
Definition of "Assignment of Benefits" as a method of transferring pension rights
This connects the assignment of benefits to pension plans, where rights to pension benefits are transferred.
"Assignment of Benefits" refers to the assignment of pension rights or other retirement benefits to a beneficiary or financial institution for the purpose of managing or receiving benefits.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.