Sub-Limit definition

Sub-Limit means a cost sharing requirement under a health insurance policy in which an Insurer would not be liable to pay any amount in excess of the pre-defined limit.
Sample 1Sample 2Sample 3
Sub-Limit. Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.
Sample 1Sample 2Sample 3
Sub-Limit means a cost sharing requirement under a policy in which an insurer would not be liable to pay any amount in excess of the pre-defined limit. As specified in the Certificate of Insurance a sublimit can also be interpreted in time – hours/days
Sample 1Sample 2Sample 3

Examples of Sub-Limit in a sentence

  • This Sub-Limit forms part of, and is not payable in addition to the INDEMNITY LIMIT.

  • This Sub-Limit forms part of, and is not payable in addition to, the INDEMNITY LIMIT.

  • The maximum liability of the Insurer during the Policy Period under this Extension shall be the lesser of 10% of the Limit of Liability or the maximum aggregate Sub-Limit of £100,000.

  • In the event of a Sub-Limit not being stated in this Policy the Insurer(s) liability shall be limited to the amount as described in sub-paragraph (a) of this provision.

  • The maximum payable by RSA during the Period of Insurance under this extension shall be the lesser of 10% of the Fidelity Limit of Indemnity or the maximum aggregate Sub-Limit of £25,000.


More Definitions of Sub-Limit

Sub-Limit means the sub-limit which you have assigned to the Cardholder, if applicable, from the Credit Limit, provided the aggregate of all Sub-Limits does not exceed the Credit Limit.
Sample 1Sample 2Sample 3
Sub-Limit means any credit sub-limit which you have assigned to a Cardholder’s Sub-Card Account, which forms part of the Credit Limit;
Sample 1Sample 2Sample 3
Sub-Limit means a cost sharing requirement under a health insurance policy in which an insurer wouId not be Iiable to pay any amount in excess of the pre-defined Iimit.
Sample 1Sample 2Sample 3
Sub-Limit. The composition of Purchased Assets transferred to Buyer shall at all times meet the following sublimit caps, and no Market Value shall be ascribed to any Purchased Assets:
Sample 1Sample 2Sample 3
Sub-Limit. With respect to the characteristics of the Mortgage Assets or Purchased Assets, as applicable:
Sample 1Sample 2Sample 3
Sub-Limit means any of the Web-Ink Sub-Limit, the Second Lien --------- Sub-Limit, the Second Lien CLTV Sub-Limit, the Mortgage Loan Sub-Limit, the Jumbo Sub-Limit, the Jumbo(500) Sub-Limit, the Jumbo(750) Sub-Limit at any time, and the C/C- Credit Sub-Limit.
Sample 1Sample 2
Sub-Limit means the maximum amount the Insured(s) can collect under a specified section of the Policy.
Sample 1Sample 2Sample 3