Glossary

A vexatious litigant is a party who overuses and abuses the legal system by filing frivolous lawsuits.

A viatical settlement refers to the purchase of a life insurance policy from a terminally ill insured for a percentage of the policy's face amount.

Vicarious liability is the liability of a principal for the acts of its agents.

The Video Privacy Protection Act (VPPA) of 1988 generally prohibits the disclosure of a consumer's video rental or purchase records to third parties.

Vis major is a Latin phrase meaning "a superior force." It means an act of God or an unavoidable accident.

Vocational rehabilitation is one aspect of the overall rehabilitation process that focuses on restoring an injured person's physical and mental capacity to perform work in a safe and productive manner.

Void means without legal effect; unenforceable. A number of actions on the part of the insured can render coverage under an insurance policy void.

Voidable refers to a policy that can be made void at the option of one or either of the parties to it.

A voluntary compensation endorsement enables an employer to extend the benefits provided by the workers compensation act to employees who may not be entitled to benefits under the terms of the act, such as executive officers, partners, sole proprietors, farm workers, domestic employees, volunteers or employees traveling overseas.

A voluntary compensation maritime coverage endorsement allows an employer with maritime workers compensation exposure to offer benefits of the state designated in the endorsement to an injured employee or survivors of a deceased employee.