korvauskelpoisuutta

Korvauskelpoisuutta, a Finnish term, translates to "compensability" or "eligibility for compensation" in English. It refers to the legal and practical criteria that must be met for an individual or entity to be entitled to receive financial or other forms of compensation for a loss, damage, or injury. This concept is central to various legal and insurance systems.

In insurance contexts, korvauskelpoisuutta is determined by the terms and conditions of an insurance policy. For a claim to be deemed korvauskelpoinen, the incident causing the loss must be covered by the policy, and the insured must have fulfilled their obligations, such as paying premiums and reporting the incident promptly. The extent of the damage or loss must also be quantifiable and fall within the policy limits.

In broader legal frameworks, korvauskelpoisuutta can relate to damages awarded in civil litigation. This involves establishing fault, causation, and the extent of the harm suffered. For example, in personal injury cases, korvauskelpoisuutta for medical expenses or lost wages would depend on proving that the injury was directly caused by the defendant's actions or negligence, and that these expenses or losses are a direct consequence of that injury. The legal system evaluates these factors to decide if compensation is warranted and in what amount. The principle aims to restore the injured party to their previous position as much as possible through financial redress.