Meaning LIMITS
What does LIMITS mean? Here you find 41 meanings of the word LIMITS. You can also add a definition of LIMITS yourself

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LIMITS


A coverage limit determines the most an insurance company will pay for a covered loss under a particular coverage. Some limits apply to each person or occurrence, or to an item or group of items.
Source: allstate.com (offline)

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LIMITS


(limit) restrict: place limits on (extent or access); "restrict the use of this parking lot"; "limit the time you can spend with your friends" (limi [..]
Source: google-dictionary.so8848.com

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LIMITS


 – A system of specified sizes and sizing limits to ensure components and parts fit together. Checks are made during production to ensure parts are sized
Source: machexhibition.com

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LIMITS


maximum value to be derived from a policy.
Source: naic.org

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LIMITS


An insurer's aggregate liability for policies in force as of a given date.
Source: conning.com (offline)

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LIMITS


The smallest and largest dimension which are tolerable (allowed). lip of a drill - The sharp cutting edge on the end of a twist drill.
Source: engineersedge.com

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LIMITS


An order that seeks to buy at lower levels than the current market or sell at higher levels than the current market. An order with restrictions on the maximum price to be paid or the minimum price to [..]
Source: efxnow.com

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LIMITS


a brokerage term that means instructions in the buying or selling of stock for a client. Usually, the instructions help the client make money in the market.
Source: going-global.com

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LIMITS


fines finium
Source: latin-dictionary.org (offline)

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LIMITS


An insurance coverage limit is selected by you and is the most an insurance company will pay for damages or injuries that apply to the coverage. Most states have laws that specify the minimum limit that must be purchased for each required insurance coverage.
Source: progressive.com (offline)

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LIMITS


The maximum amounts your policy will cover. Limits will vary from policy to policy and across different sections of the policy. For example, the limit for personal belongings is usually much lower tha [..]
Source: johnlewis-insurance.com

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LIMITS


The amount of insurance coverage purchased. The insurance company will only pay up to the dollar value of the limit selected. See Basic Limits.
Source: plymouthrock.com

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LIMITS


The maximum of money an insurance policy will cover in the event of a loss.
Source: 4autoinsurancequote.com

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LIMITS


The maximum amount an insurance company will pay, per coverage, for a covered loss. Though you can choose your limits for certain coverages, all provinces require you to buy certain minimum levels of car insurance coverage.
Source: esurance.ca (offline)

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: insurancejobs.com

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LIMITS


The maximum amount of benefit the insurance company will pay for a given situation or occurrence. Limits also include the ages below or above what an insurance company will not issue a new policy or continue a policy.
Source: insurance.wa.gov (offline)

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LIMITS


Maximum amount of coverage on a policy that can be paid for a covered loss.
Source: hanover.com

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LIMITS


An insurance coverage limit is selected by you at the time you purchase a policy. It describes the maximum an insurance company will pay for damages or injuries that apply to a specific coverage. Most [..]
Source: progressivecommercial.com

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LIMITS


The largest total amount the insurance company will pay for covered losses. Many policies have multiple limits - a certain amount per person, another amount per accident and sometimes, an aggregate li [..]
Source: garrett-insurance.com

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: donegalgroup.com

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LIMITS


Maximum amount a policy will pay either overall or under a particular coverage.
Source: rsagroup.ca

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LIMITS


Limits are the maximum amount an insurance company will pay for a covered loss. Though you can choose your limits for certain coverages, some states require you to buy certain levels of auto insurance coverage. In such states, you’ll have to choose limits that at least meet your state’s auto insurance requirements.
Source: neinscenter.com (offline)

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LIMITS


The maximum amount an insurance company will pay. For example, if your collision coverage limit is $10,000, but your car sustains $15,000 worth of damage, you are liable to pay for the $5,000 worth of [..]
Source: carinsurancerates.com

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: insuringchicago.com (offline)

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: iii.org

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LIMITS


Maximum amount a policy will pay either overall or under a particular coverage.
Source: mbcfinancial.ca

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LIMITS


The maximum sum of money an insurance company agrees to pay under a policy in the event of a covered loss. Generally, for auto insurance, limits are identified and paid on a per person and per occurrence basis. Typically, for home insurance, limits are based on replacement cost.
Source: ameriprise.com (offline)

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: michiganinsurance.com

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LIMITS


(1) Ages below or above which the insurer will not issue a policy or above which it will not continue a policy presently in force. (2) The maximum benefit payable for a given situation or occurrence ( [..]
Source: calstate.edu

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LIMITS


Maximum amount a policy will pay either overall or under a particular coverage. For instance, "Liability Limits" or "Limit of Liability" means the sum or sums beyond which a liability insurance does not protect the insured. It is therefore the maximum amount that an insurance company agrees to pay in case of a liability loss.
Source: sharpinsurance.ca (offline)

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LIMITS


Maximum amount of insurance that can be paid for a covered loss. LINE
Source: lutherantrust.com

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LIMITS


Any limits as stated in the policy or endorsement that are greater than standard limits. These are based on manual increased limits tables. See Limits, standard.
Source: oregonlaws.org

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LIMITS


The restriction of the liability assumed by the carrier under the policy to a specified amount or amounts.
Source: oregonlaws.org

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LIMITS


This term applies to bodily injury and property damage lines. For example, a policy written with standard bodily injury limits could restrict the liability of the carrier to an amount not exceeding $5 [..]
Source: oregonlaws.org

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LIMITS


In table games, the minimum and maximum amounts that can be wagered on a single bet.
Source: casinoreviewsquad.com

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LIMITS


Sensors called limits that alert the control electronics that the physical end of travel is being approached and motion should stop.
Source: tpa-us.com (offline)

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LIMITS


Maximum amount of insurance that can be paid for a covered loss.
Source: insuranceforarizona.com

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LIMITS


Feature in Instron materials and structural testing systems that suspends motion or shuts off the system when upper and/or lower bounds of actuator or crosshead travel, or force or strain, are reached during testing. Correct setting of operational limits by the operator, prior to testing, will reduce the risk of damage to test article and system an [..]
Source: instron.us (offline)

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LIMITS


Avoid policies that don't contain all of the component coverages that are outlined below for bodily injury and property damage liability: Premises/Operations (Combined Single Limits)
Source: sportsinsurance.com

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LIMITS


The NPS-FM defines a limit as “the maximum amount of resource use available, which allows a freshwater objective to be met”. For example, limits on the total amount of water that can be taken out of a [..]
Source: waterandland.es.govt.nz

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LIMITS


These are maximum amounts of risk that a dealer is permitted to take. They are set in order to protect the bank against large financial losses. A typical type of limit is a "stop loss", this [..]
Source: barbicanconsulting.co.uk





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