Meaning LIMIT OF LIABILITY
What does LIMIT OF LIABILITY mean? Here you find 18 meanings of the word LIMIT OF LIABILITY. You can also add a definition of LIMIT OF LIABILITY yourself
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LIMIT OF LIABILITYSee Limit of insurance.
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LIMIT OF LIABILITYDefinition The maximum benefit for which the insurer is liable, as established in the contract.
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LIMIT OF LIABILITY The maximum the insurance company agrees to pay in the case of a loss in accordance with the policy contract (may be subject to restrictions).
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LIMIT OF LIABILITYThe most an insurance company agrees to pay in the case of loss
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LIMIT OF LIABILITYThe financial limit a vessel owner must pay when they or their vessel is found to be liable for an incident, such as an oil spill, or collision. This used to be a fixed formula, such as 3 times the value of the vessel and its cargo, but with OPA 90 this limit has no real stopping point depending on individual States requirements on top of the feder [..]
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LIMIT OF LIABILITYThe most an insurance company agrees to pay in the case of loss.
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LIMIT OF LIABILITYThe maximum dollar amount an insurance company agrees to pay the insured person in case of loss.
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LIMIT OF LIABILITYThe maximum amount an insurer will pay for any one loss.
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LIMIT OF LIABILITYThe most an insurance company agrees to pay in the case of loss
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LIMIT OF LIABILITYThe most an insurance company agrees to pay in the case of loss
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LIMIT OF LIABILITYThe maximum amount that an insurance company agrees to pay in case of loss.
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LIMIT OF LIABILITYThe maximum amount which an insurance company agrees to pay in case of loss.
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LIMIT OF LIABILITYThe maximum amount your insurance company has to pay for a liability claim.
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LIMIT OF LIABILITYThe maximum amount, which an insurance company agrees to pay in case of loss.
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LIMIT OF LIABILITYThe maximum amount for covered losses available under your policy.
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LIMIT OF LIABILITYThe maximum amount of insurance or upper limit that the insurance company is legally obligated to pay if a covered loss occurs.
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LIMIT OF LIABILITYThe maximum limit of liability (damages) that an insurance company assumes or is obligated to pay under the terms of any individual insurance contract.
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LIMIT OF LIABILITYThe maximum amount under the terms of an insurance contract that an insurer agrees to pay for a single loss.
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