Claim Limit definition
Claim Limit. The maximum amount payable under the Scratch & Dent section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess. The maximum amount payable under the Alloy Wheel section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess.
Claim Limit the sum of USD 10,000,000;
Claim Limit has the meaning given to it in Clause 6.5 (Calculation of Claim Limit). “Claim Period” means:
Examples of Claim Limit in a sentence
Within the Period of Insurance, We will provide a Cosmetic Repair to Minor Cosmetic Damage to Your Vehicle up to the Claim Limit shown on Your Validation Certificate, subject to the terms and conditions of this policy.
Errors & Omissions (Professional Liability): $1,000,000 Each Claim Limit $1,000,000 Aggregate Limit.
For this type of breach, only one (1) Claim Limit applies to the breach.
A single deductible and a single Each Claim Limit of Liability shall apply to any such single Claim.
Consequently, the fee at the Order Entry stage could be more or less expensive than the fee you pay to us at the Claim Limit Order stage.
More Definitions of Claim Limit
Claim Limit means, in respect of any calendar year, the greater of:
Claim Limit means the sum of One Hundred Thousand Pounds (£100,000) Sterling;
Claim Limit. ’ means the maximum under paragraph 56(1)(a).
Claim Limit means $1,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners and operators of 1 to 100 refined petroleum underground storage tanks or $2,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners or operators of more than 100 refined petroleum underground storage tanks.
Claim Limit means the maximum amount that this insurance cover will pay for any one claim and all claims in total during the period of insurance as shown on your schedule. These amounts are inclusive of VAT. If you are registered for VAT then we will not pay the VAT element of any claim under this insurance cover;
Claim Limit means the maximum amount under paragraph 20(1)(b).
Claim Limit means an amount equal to the sum of the Purchase Price, the amounts payable by the IP Purchaser on Completion under clause 7.6(c) and 3.2(c) and the Financial Debt Payout Amount.