Common use of AGGREGATE LIMIT OF INDEMNITY Clause in Contracts

AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured Employee, then the amount payable for each Insured Employee will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability Indemnity.

Appears in 1 contract

Samples: insurpak.com

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AGGREGATE LIMIT OF INDEMNITY. The Insurer's ’s aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit Limit of indemnity Indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured Employee, Person then the amount payable for each Insured Employee will Person shall be in the proportion that the limit Limit of indemnity Indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, payable except for such limit of indemnity. This section only applies to losses payable under Section C5.1 8.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability Indemnity.

Appears in 1 contract

Samples: www.ofah.org

AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured EmployeeDependent, then the amount payable for each Insured Employee Dependent will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability Indemnity.

Appears in 1 contract

Samples: westernfgis.ca

AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured EmployeePerson, then the amount payable for each Insured Employee Person will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 B5.1 Specific Loss Accident Indemnity and Indemnity, Section C5.2 B5.2 Permanent Total Disability IndemnityIndemnity and B5.3 Cosmetic Disfigurement Benefit.

Appears in 1 contract

Samples: winflex.ca

AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured EmployeeMember, then the amount payable for each Insured Employee Member will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 B5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability Indemnity.

Appears in 1 contract

Samples: westernfgis.ca

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AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured Employee, then the amount payable for each Insured Employee will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 B5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability IndemnitySection.

Appears in 1 contract

Samples: westernfgis.ca

AGGREGATE LIMIT OF INDEMNITY. The Insurer's aggregate limit of indemnity for all losses arising out of any one (1) Accident, for which coverage is provided hereunder, is as stated in the Schedule. In the event said limit of indemnity for any one (1) Accident is insufficient to pay the full amount of indemnity for each Insured EmployeeDependents, then the amount payable for each Insured Employee Dependents will be in the proportion that the limit of indemnity for any one (1) Accident bears to the total amount of insurance that would have been payable, except for such limit of indemnity. This section only applies to losses payable under Section C5.1 Specific Loss Accident Indemnity and Section C5.2 Permanent Total Disability IndemnityC6 - Benefits.

Appears in 1 contract

Samples: westernfgis.ca

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