Limitation on Coverage Sample Clauses
A Limitation on Coverage clause defines the boundaries or restrictions of an insurance policy’s protection. It specifies certain situations, losses, or types of damages that are either excluded from coverage or subject to specific limits, such as monetary caps or time constraints. For example, the clause may state that damages resulting from intentional acts or certain natural disasters are not covered, or that coverage is limited to a maximum payout per incident. The core function of this clause is to clearly delineate the insurer’s obligations, thereby managing risk and preventing misunderstandings about what is and is not protected under the policy.
Limitation on Coverage. The restrictions under this section apply only to applicants for new benefits not being received by covered resident aliens as of the effective date of this section.
Limitation on Coverage. Except as expressly agreed to by an individual Member and the Board, the AUTHORITY'S payment and handling of claims against Members shall only be for claims or insurable risks and programs arising out of facts occurring during the period of membership in the AUTHORITY, and only for those plans, subplans and programs joined by the Member. Further, except as otherwise agreed to, the AUTHORITY shall not pay for or handle any claim arising out of facts occurring before membership or after termination of membership in the AUTHORITY.
Limitation on Coverage. In no event will CLTX's obligations under this Agreement and similar limited undertaking agreements entered into with other directors of the Company exceed $150 million in the aggregate.
Limitation on Coverage. Except as expressly agreed to by an individual Member and the Board, the CONSORTIUM'S payment and handling of claims against Members shall only be for claims or insurable risks and programs arising out of facts occurring during the period of membership in the CONSORTIUM, and only for those programs joined by the Member. Further, except as otherwise agreed to, the CONSORTIUM shall not pay for or handle any claim arising out of facts occurring before membership or after termination of membership in the CONSORTIUM.
Limitation on Coverage. 29 This rule applies to those items belonging to employees which may 30 regularly or occasionally be voluntarily utilized by them in order to 31 facilitate the performance of their duties. The intent is not to insure 31 /// items of personal apparel, jewelry, health aids, and the like which are considered a part of employee’s person and normally on their person or in their possession while performing their duties.