Liability Limits definition

Liability Limits means the limit of liability shown in the policy of the insured for coverage of Bodily Injury or Property Damage as the result of a motor vehicle accident.
Liability Limits. Policy #: Expiration Date: I certify that the above information is correct and that the insurance coverage is in force. I understand that while driving my personal vehicle in the course of my duties with the district that I must have liability insurance coverage and a valid driver’s license as required by the State of California. I agree to advise the district, in writing, of any changes in the above information. I further certify that the above vehicle is mechanically safe. If you drive your personal automobile while on district business and you are involved in an accident, by law your liability insurance policy is used first. The district liability coverage would be used only after your limits have been exceeded. The district does not provide comprehensive or collision coverage to your vehicle. All persons driving on district business will: (1) follow the most direct route; (2) avoid unnecessary stops; (3) transport only authorized persons, no guests; (4) transport no more than 9 students, no matter what size of vehicle; and (5) ensure that all vehicle occupants use seat belts if available in the vehicle

Examples of Liability Limits in a sentence

  • Employers Liability Limits shall be at least $100,000 per occurrence and for occupational disease.

  • Liability Limits General Aggregate Products/Completed Operation Aggregate Each Occurrence Personal/Advertising Injury Primary General Liability $2,000,000 $2,000,000 $1,000,0000 $1,000,000 Umbrella or Excess Liability* $5,000,000 $5,000,000 $5,000,000 $5,000,000 *Umbrella or Excess Liability does not apply to projects totaling $500, 000 or under.

  • B) General Liability: Limits Required: $1,000,000 Per Occurrence/$2,000,000 Aggregate per year.

  • Specialty vendors/contractors may be required to carry additional insurance such as higher Liability Limits, Pollution Liability, Professional Errors and Omissions or Contractors Liability as deemed necessary by Buyer.

  • In lieu of having two bonds, an employer may acquire a dual bond with separate Liability Limits such that 50% of the dual bond will cover wages, assessments, employee authorized deductions and the other 50% of the dual bond shall cover the remaining fringe benefit funds set forth in the Collective Bargaining Agreement in Article IX.


More Definitions of Liability Limits

Liability Limits. $ Bodily Injury: $ Property Damage: $ Certificate naming Xxxx Xxx/First United Methodist Church as additional named insured enclosed with this contract? Yes No. ***If no, please explain (i.e. already on file at Xxxx Xxx): ----------------------------------------------------------------------------- --------------------------------------------------------------- Xxxx Xxx requires that the User Group must have each camper’s name, address, parent(s) name(s) and addresses, and home and emergency telephone numbers with them on-site. The User Group is also required to have medical treatment authorization forms (containing health insurance and any other medically relevant information) signed by a parent for each camper. User group is responsible for first aid, CPR and emergency care. User group must store and lock all medications (both prescription and over-the-counter) when not administering them. User Group is responsible to maintain an emergency vehicle at camp at all times. One emergency vehicle may remain outside of each cabin. I, THE ADULT IN CHARGE, HAVE BEEN DULY AUTHORIZED BY OUR CHURCH/USER GROUP TO SIGN THIS CONTRACT AND TO AGREE TO ITS TERMS. WE/I ASSUME FULL RESPONSIBILITY FOR OUR GROUP’S PROGRAMS AND ACTIONS WHILE AT XXXX XXX.
Liability Limits. While bicycle lockers provide an additional level of security over regular bicycle racks, they are not guaranteed against theft or damage. The City of Burlington is not responsible for any damages to any items left in t he locker resulting from any cause. You are responsible for ensuring the locker is properly secured.
Liability Limits means the limit of liability of the insurance policy coverage of Bodily Injury or Property Damage caused by damages as the result of a motor vehicle accident.
Liability Limits. $ Bodily Injury: $ Property Damage: $ Certificate naming Xxxx Xxx/First United Methodist Church as additional named insured enclosed with this contract? Yes No. ***If no, please explain (i.e. already on file at Xxxx Xxx): -------------------------------------------------------------------------------------------------------------------------------------------- Xxxx Xxx requires that the User Group must have each camper’s name, address, parent(s) name(s) and addresses, and home and emergency telephone numbers with them on-site. The User Group is also required to have medical treatment authorization forms (containing health insurance and any other medically relevant information) signed by a parent for each camper. User group is responsible for first aid, CPR and emergency care. User group must store and lock all medications (both prescription and over-the-counter) when not administering them. User Group is responsible to maintain an emergency vehicle at camp at all times. One emergency vehicle may remain outside of each cabin. Xxxx Xxx does not allow smoking except in designated areas. Xxxx Xxx rules must be presented to campers prior to arrival, and no one is allowed to leave the parking area without a Xxxx Xxx staff-led orientation.
Liability Limits. One Event or Two? Did the September 11 terrorist attacks on the World Trade Center constitute one loss or two? The resolution to this question is far from simple. Controversy surrounding this issue illustrates the ambiguities inherent in some business insurance contracts. When the two hijacked airplanes struck the World Trade Center towers on the morning of September 11, 2001, the insurance and reinsurance contracts for the property were still under binder agreements. Thus, the wording of the binder agreements became the central issue of this case. At the time of the attacks, real estate executive Xxxxx X. Xxxxxxxxxxx’x company had only recently acquired a ninety-nine-year lease on the World Trade Center and had not yet finalized insurance coverage, which provided up to $3.5 billion in property and liability damage per occurrence. With policies of such size, which have large reinsurance requirements, it is not uncommon for the final policies not to be in place when the insured begins operations. The United Kingdom-based reinsurer Swiss Re had agreed to underwrite 22 percent of coverage on the property once the loss exceeded $10 million, translating into $3.5 billion per occurrence in this case. After the attacks, Swiss Re argued that its preliminary agreement with the lessee defined occurrence as “all losses or damages that are attributable directly or indirectly to one cause or one series of similar causes” and that “all such losses will be added together and the total amount of such losses will be treated as one occurrence irrespective of the period of time or area over which such losses occur.” Xxxxxxxxxxx, however, argued that each of the airplane crashes was a separate occurrence and his company was due more than $7 billion for the two attacks. The fuzziness of the language has been very problematic. This led to two opposing verdicts in separate court cases. In Phase I, the insurers prevailed. In Phase II, Xxxxxxxxxxx did. The first jury found that “the form used by broker Xxxxxx Group Holdings Ltd., rather than a rival form used by Travelers or other forms, and that the Xxxxxx form, known as WilProp 2000, had specific language that defined what happened to the World Trade Center as a single occurrence.” Under this WilProp form, occurrence means “all losses or damages that are attributable directly or indirectly to one cause or to one series of similar causes. All such losses are added together and the total amount of such losses is treated as one occ...
Liability Limits. $ Bodily Injury: $ Property Damage: $ Certificate naming of Xxxx Xxx, First United Methodist Church, as additional named insured enclosed with this contract? yes no. ***If no, please explain (i.e. already on file at Xxxx Xxx) : -------------------------------------------------------------------------------------------------------------------------------------------- Xxxx Xxx requires that the User Group must have each camper’s name, address, parent(s) name(s) and addresses, and home and emergency telephone numbers with them on-site. The User Group is also required to have medical treatment authorization forms (containing health insurance and any other medically relevant information) signed by a parent for each camper. User group is responsible for first aid, CPR and emergency care. User Group is responsible to maintain an emergency vehicle at camp at all times. One emergency vehicle may remain outside of each cabin. Xxxx Xxx does not allow smoking except in designated areas. Xxxx Xxx rules must be presented to campers prior to arrival and no one is allowed to leave the parking area without a Xxxx Xxx staff-led orientation of rules. I, THE ADULT IN CHARGE, HAVE BEEN DULY AUTHORIZED BY OUR CHURCH/USER GROUP TO SIGN THIS CONTRACT AND TO AGREE TO ITS TERMS. WE/I ASSUME FULL RESPONSIBILITY FOR OUR GROUP’S PROGRAMS AND ACTIONS WHILE AT XXXX XXX. Date: Signed: (User Group Representative) OFFICE USE ONLY
Liability Limits has the meaning set forth in Section 7.5.