MLchartDataset catalogue

Noneconomic damages

Term · Insurance and risk management · MLC-T-INS-002333

Monetary compensation awarded in a lawsuit for subjective, non-financial losses resulting from an injury or wrong. These damages include pain and suffering, emotional distress, loss of enjoyment of life, and disfigurement. Liability insurance policies often cover noneconomic damages, though some jurisdictions impose caps on these awards.

Table 1. Record
IdentifierMLC-T-INS-002333
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002333",
  "term": "Noneconomic damages",
  "field": "Insurance and risk management",
  "definition": "Monetary compensation awarded in a lawsuit for subjective, non-financial losses resulting from an injury or wrong. These damages include pain and suffering, emotional distress, loss of enjoyment of life, and disfigurement. Liability insurance policies often cover noneconomic damages, though some jurisdictions impose caps on these awards.",
  "url": "https://mlchart.com/terminology/insurance/noneconomic-damages/"
}

Record 2,307 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.