Except for Motor Third Party Injury, which is an unlimited policy, liability policies normally contain a Limit of Liability stating the maximum amount insurers will pay for a particular event. This limit usually applies to the total of all claims arising out of a single event. Some policies will also have a limit set for each policy period.
The maximum amount an insured may collect, or for which an insured is protected under the terms of a policy.
The maximum amount of coverage agreed upon in the insurance contract that the company would pay in the event of a loss.
This is the maximum amount the insurer (insurance company) will pay in the event of a loss that is covered by the policy.
Maximum amounts which an insurance company under its contract agrees to pay in case of losses.
The maximum sums of money which an insurance company agrees to pay in the event of a loss covered by the policy.
The maximum amount of insurance the insurance company will pay for a particular loss, or for a loss during a period of time.
The specified amount up to which the insurance company will protect you as set forth in the policy.
The amount specified in your policy up to which the insurance company will protect you.
The maximum amount which the insured person or organization may collect from the insurance company as outlined in the policy.
The maximum amount of damages that you are insured for.
