Demand Letter

A formal letter from the patient's attorney to the insurer presenting the injuries, bills, and a requested settlement amount.

Related terms

The point at which a patient's condition has stabilized and isn't expected to improve further with treatment.

An agreed resolution of a personal injury claim in which the at-fault party (or insurer) pays a sum to close the case.

The maximum amount an insurance policy will pay for a covered claim — a hard ceiling on what's available to settle a case.