Definition of Policy Limit

  1. Policy Limit means the amount of liability ceded to the Company with respect to a Policy.

Examples of Policy Limit in a sentence

  1. At all times during the Lease Term, Tenant shall procure and maintain Workers Compensation Insurance in accordance with the laws of the State of California, and Employers Liability insurance with a limit not less than One Million Dollars ($1,000,000) Bodily Injury Each Accident; One Million Dollars ($1,000,000) Bodily Injury By Disease - Each Person; and One Million Dollars ($1,000,000) Bodily Injury to Disease - Policy Limit.

Definition of Policy Limit in Retrocession Agreement

Policy Limit means the amount of liability ceded to the Company with respect to a Policy.