hyvitettävät

Hyvitettävät is a Finnish term that translates to "compensable" or "redeemable" in English. It refers to a situation where an individual or entity is entitled to receive compensation or a form of restitution for a loss, damage, or injury sustained. This concept is frequently encountered in legal and insurance contexts within Finland.

In legal proceedings, hyvitettävät can relate to damages awarded in civil cases. For instance, if a person suffers financial loss due to another party's negligence, the court may order the responsible party to pay compensation, making the amount hyvitettävä. This compensation aims to restore the injured party to their original position as much as possible.

In the realm of insurance, hyvitettävät refers to claims that an insurance company agrees to cover according to the terms of the policy. When an insured event occurs, such as a car accident or property damage, the resulting costs are deemed hyvitettävät if they fall within the scope of the insurance agreement. The insurer then compensates the policyholder for these covered expenses.

The principle behind hyvitettävät is fairness and the rectification of wrongs. It ensures that parties who have experienced harm or loss are not left to bear the burden alone, provided there is a legal or contractual basis for such compensation. The specific conditions and extent of hyvitettävät are determined by applicable laws, regulations, and contractual agreements.