Limit of insurance definition

Limit of insurance means the most we will pay for covered loss arising from any seismic event.

Limit of insurance means the most we will pay for any single covered event after any applicable de- ductible has been met.

Limit of insurance. The limit of insurance for your coverage, as shown on the “Auburn Insured Policy Declarations” page, applies to all issues arising from any two covered events or one theft during one policy period. What This Agreement Covers: We will cover direct physical loss caused by accidental damage, fire, flood, vandalism, natural disasters and power surge due to lightning occurring during the policy period to the iPad, including items entrusted to you, worldwide, as long as the items were in your possession and reported to us. The policy will also cover accidental damage, caused by normal and intended use of the equipment. This includes accidental instances resulting in a broken or cracked screen. We will also cover malfunction of the device that arises naturally and through no fault of the user. LOSSES WE WILL NOT COVER:

Examples of Limit of insurance in a sentence

• ITEM 18 – MISCELLANEOUS PROPERTY FLOATER This extension insures Unscheduled Miscellaneous Property from an insured peril, but only for the Limit of insurance specified on the Summary of Coverages in this Form and as specified in the "Declaration Page(s).

• The limit provided is included within the Businessowners Liability Limit of insurance.

• Plaintiffs’ argument is more analogous to the plaintiffs in Promotional HeadwareInternational.

• The Coverage F -- Employment Practices Liability Each Claim Limit and Coverage F -- Employment Practices Liability Aggregate Limit of insurance shown in the Schedule will not be reduced because of other valid and collectible insurance which applies to such "claims" on other than a primary basis.

• In the event of a "Downtime Loss", we will pay reasonable and necessary expenses you incur to avoid further "Downtime Loss." The total of our payments for "Downtime Loss" and Ex- penses to Reduce Loss will not be more than the Downtime Loss would have been payable under this coverage form if the Expenses to Reduce Loss had not been incurred.This coverage does not increase the Down- time Loss Limit of insurance shown in the schedule above.

More Definitions of Limit of insurance

Limit of insurance means the maximum amount as shown on the Declarations that Underwriters will pay in

Limit of insurance. The limit of insurance for your coverage, as shown on the “Auburn Insured Policy Declarations” page, applies to all losses arising from any three events or one theft during one policy period. What This Agreement Covers: We will cover Direct Physical Loss caused by Accidental Damage, Fire, Flood, Vandalism, Natural Disasters and Power Surge due to lightning occurring during the policy period to the iPad, including items entrusted to you, worldwide, as long as the items were in your possession and reported to us. The policy will also cover Accidental Damage, caused by Normal and Intended Use of the Equipment. This includes accidental instances resulting in a broken or cracked screen. LOSSES WE WILL NOT COVER: Corrosion & Rust: We will not cover loss or damage caused by or resulting from corrosion, rust or changes in humidity or temperature Dishonest Acts: We will not cover loss or damage caused by your dishonesty or anyone acting on your behalf. Nor do we cover any loss or damage arising from your illegal acts, whether committed alone or in collusion with others. However, if the loss or damage is caused by an act arising out of a pattern of criminal domestic violence and the perpetrator of the loss is criminally prosecuted for the act causing the loss, this exclusion does not apply to an otherwise covered loss suffered by another insured who did not cooperate in or contribute to the act that caused the loss.

Limit of insurance means the maximum amount as shown on the Declarations that Underwriters will pay in any one occurrence for loss or damage to Insured Goods.

Limit of insurance. The limit of insurance for your selected coverage as shown on the Policy Declarations page, applies to all losses arising from any one event. Any amount we pay will not reduce your coverage for future losses. POLICY PERIOD: Period for which coverage is in force as stated on your Policy Declarations page. A loss must occur within this period to be covered.

Limit of insurance means the amount or amounts specified in Item 3 of the Schedule and applied in accordance with Section V LIMITS OF LIABILITY AND DEDUCTIBLE hereof.

Limit of insurance means the maximum amount the Company will pay for loss or damage and is subject to amounts declared at each Insured Location as reflected in the latest Statement of Values on file with the Company at the time of loss.

Limit of insurance means the most “we” will pay under each coverage shown in the Declarations for any single “covered event”, after any applicable deductible has been met.