Collateral source definition

Collateral source shall have the meaning set forth in Section 8.5.
Collateral source means a source of benefits or advantages for economic loss otherwise reparable that the victim or claimant has received, or that is readily available to the victim or claimant, from any of the following sources:
Collateral source has the meaning set forth in Section 9.07.

Examples of Collateral source in a sentence

  • Indemnification under this Article 14 shall not be available to any Claimant unless such Claimant first takes reasonable steps to seek recovery from a Collateral source for such Claim before being paid indemnification by the Indemnifying Group; provided, however, that in no event will any Claimant be required to initiate litigation or any other dispute resolution proceedings before being paid indemnification.


More Definitions of Collateral source

Collateral source means a person who provides or documents information concerning child abuse, neglect, or dependency but is not a principal to the case or witness.
Collateral source means a source of benefits, other than welfare benefits, or advantages for
Collateral source means any source of benefits or advantages for economic loss otherwise reparable under this part that the victim or claimant has received, or that is readily available to the victim from:
Collateral source has the meaning set forth in Section 8(e) below.
Collateral source means a benefit paid or payable to the claimant or on the claimant's behalf under, from or pursuant to a contract, agreement or plan executed, renewed or implemented on or after the effective date of this Act, including:
Collateral source means a source of benefits or advantages for economic loss for which the claimant would otherwise be eligible to receive compensation under this act, and which the claimant has received, or which is readily available to the claimant, from any one or more of the following:
Collateral source means any source of benefits or advantages for economic loss