Definition of Policy Limit

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

Examples of Policy Limit in a sentence

Worker's Compensation and Employers' Liability Workers' Compensation Statutory Employers' Liability Each Accident $1,000,000 Disease - Each Employee $1.000,000 Disease - Policy Limit $1,000,000 a.
In respect of Errors and Omissions Liability Policies for Managed Care Organizations, Maximum Original Policy Limit $5,000,000.
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.
Further, CONTRACTOR shall additionally maintain the following minimum limits of coverage: Bodily Injury Each Accident $1,000,000 Bodily Injury by Disease Each Employee $1,000,000 Bodily Injury by Disease Policy Limit $1,000,000 If the work is being done on or near a navigable waterway, CONTRACTOR's workers compensation policy shall be endorsed to provide USL&H Act (WC 00 01 06 A) and Jones Act (WC 00 02 01 A) coverage if specified by the City of Key West.
Employer's Liability insurance each accident $1,000,000; Employer's Liability Disease each employee $1,000,000; and Employer's Liability Disease - Policy Limit $1,000,000.