Limit of Indemnity definition

Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

Limit of Indemnity means the amount stated in the Schedule against each relevant Section, which shall be our maximum liability under this Policy (regardless of number of Claims made) for any one claim and in the aggregate for all claims under such Section.

Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s total liability under this Policy (inclusive of Damages and/or Defence Costs, and regardless of the number of Insureds or claimants or the total number or amount of Claims made against the Insured) for any one Claim and in the aggregate for all Claims made against the Insured during the Policy Period.

Examples of Limit of Indemnity in a sentence

• The purchase of any Discovery Period shall not increase or reinstate the applicable Fidelity Limit of Indemnity, which shall be RSA’s maximum liability for the Period of Insurance and Discovery Period, combined.

• Such costs and expenses shall be in addition to the Fidelity Limit of Indemnity.

• 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.

• If at the time of any Loss that is insured under this Policy there is any other contract of insurance effected by or on behalf of any Insured that covers the same Loss, the liability of RSA under this Policy to indemnify the Insured in respect of such Loss shall be limited to the Insured’s rateable portion (as between this Policy and such other contract of insurance) of such Loss, subject always to the Limit of Indemnity and any applicable coverage Extensions.

• Payments made by the Company by way of the Defence Cost and Supplementary Payments under this insurance contract will reduce the Limit of Indemnity.

More Definitions of Limit of Indemnity

Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s maximum liability under this Policy (regardless of the total number or amount of Claims made) for any one Claim and in the aggregate for all Claims during the Policy Period.

Limit of Indemnity means the amount(s) stated in the Schedule or any lesser limit shown in the Schedule or Policy. The Limit of Indemnity is:

Limit of Indemnity means the amount stated in the Schedule.

Limit of Indemnity means the Limit of Indemnity as shown in the Schedule.

Limit of Indemnity means the amount specified in the Schedule.

Limit of Indemnity means the applicable Limit of Indemnity specified in the Policy Schedule.

Limit of Indemnity means the maximum amount of indemnity as specified in the Schedule that will be provided under this Policy by the Company in respect of