Indemnity Limit definition

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of any one CLAIM and in the aggregate during the POLICY PERIOD subject to Optional Extension 2.15.

Indemnity Limit means the Insurer’s total liability to pay damages, claimant’s costs, fees and expenses, and shall not exceed (except where specific sums are stated in the Insuring Clauses of this Section) the sum(s) stated in the Schedule, or the Euro equivalent on the first day of the Period of insurance, in respect of any one claim or series of claims arising out of one originating cause regardless of the number of persons claiming an indemnity from the Insurer under the terms of Section 1 of this Policy.

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of each CLAIM provided that all CLAIMs payable under this insurance including any DEFENCE COSTS shall not exceed in the aggregate the limit shown in the SCHEDULE.

Examples of Indemnity Limit in a sentence

• Indemnity Limit: HK$ any one claim and/or HK$ in the aggregate and/or Reinstatement(s) up to total HK$ .

• Indemnity Limit applies to any one claim or series of claims arising from one originating cause.

• CHARITY PROTECTION PROFESSIONAL INDEMNITY 18 Charity Professional Indemnity Insuring Clause 18 Charity Professional Indemnity Limit of Liability 18 Charity Professional Indemnity Exclusions 18 VI.

• Indemnity Limit shall represent the total amount of Company's Liability during the Policy period.

• The Recipient shall take out and maintain during the Term with a reputable insurance company the following cover types with the following indemnity limits: Insurance Cover Indemnity Limit Employer’s liability £5,000,000 per claim Public liability £2,000,000 per occurrence and in the aggregate (annual total of all losses) Professional indemnity £2,000,000 per occurrence and in the aggregate (annual total of all losses) Medical and travel As needed and as advised by the relevant insurance provider.

More Definitions of Indemnity Limit

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of each claim provided always that where more than one claim arises from the same original cause or single source or event all such claims shall be deemed to be one claim and only one INDEMNITY LIMIT shall be payable in respect of the aggregate of all such claims.

Indemnity Limit means the sum shown in the Schedule which is available to indemnify the Insured in respect of any one Investigation or Claim and in the aggregate during the Policy Period subject to Automatic Extension 2.13 - Reinstatement of the Indemnity Limit. If the Insured is comprised of more than one entity, the Indemnity Limit applies to the group of such entities as a whole.

Indemnity Limit means the limit of Our liability under this Policy as specified in the Schedule.

Indemnity Limit means the limit of Our liability under this Certificate as specified in the Schedule.

Indemnity Limit means the applicable limit stated in the Schedule

Indemnity Limit shall have the meaning given to such term in Section 9.1.6 herein.

Indemnity Limit means the amount specified in the schedule.