Legal Dictionary & Glossary

It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content.

BAD FAITH

is a Legal concept in which a malicious motive on the part of a party in a lawsuit undermines their case..

Bad faith examples: a person acts in bad faith if he received the money (check) that was intended for another person; after a lawsuit for a debt was filed, a husband transfers title to the home to his wife trying to defraud the creditors.

Insurance: bad faith law defines acts of “bad faith” on behalf of insurance companies as delaying, withholding, or denying policyholder benefits that are based on legitimate claims filed under valid insurance policies.

Under bad faith law, insurance companies are required to adjust a claim (deny it or pay it) within a reasonable period of time.

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