Aggregate Limit of Liability definition

Aggregate Limit of Liability means the maximum amount payable as stated in the Schedule byus in respect of all claims and losses.

Aggregate Limit of Liability means the maximum amount payable under this Section of Cover in any one Period of Insurance. The Aggregate Limit of Liability is £500,000.

Aggregate Limit of Liability means the maximum amount We will pay for all pay for all claims during the pe- riod of insurance. The Aggregate Limit of Liability is stated in the Schedule.

Examples of Aggregate Limit of Liability in a sentence

• The Aggregate Limit of Liability shall be reduced by the amount of any payment made under the terms of this bond.

• The Underwriter’s total liability for all losses discovered during the Bond Period shown in Item 2 of the Declarations shall not exceed the Aggregate Limit of Liability shown in Item 3 of the Declarations.

• In the event that a loss of Property is settled by the Underwriter through the use of a lost instrument bond, such loss shall not reduce the Aggregate Limit of Liability.

• Single Loss Limit of Liability Subject to the Aggregate Limit of Liability, the Underwriter’s liability for each Single Loss shall not exceed the applicable Single Loss Limit of Liability shown in Item 4 of the Declarations.

• Primary Insured Person will receive no more than the value of the original eligible Cellular Wireless Telephone, or a replacement Cellular Wireless Telephone with similar features and functionality, up to the Aggregate Limit of Liability, less the deductible, indicated in the Limits of Insurance section of this Statement of Benefits.

More Definitions of Aggregate Limit of Liability

Aggregate Limit of Liability means the maximum amount We will pay for all pay for all claims during the pe- riod of insurance. The Aggregate Limit of Liability is stated in the Schedule. If this amount is not enough to pay all claims in full, then We will reduce each Insured Person’s Benefit proportion- ately so We do not pay more than the Aggregate Limit of Liability.

Aggregate Limit of Liability means the maximum amount payable as stated in the Schedule by usin respect of all claims and losses .

Aggregate Limit of Liability means the maximum amount payable for all claims by any one or all Insured Persons combined under the Policy in any one Period of Insurance as set out in the Certificate of Insurance under the heading “Aggregate Limit of Liability”.

Aggregate Limit of Liability means the largest amount that will ever be paid by the Company to or on behalf of any Insured during a single Policy term for any Claim or series of Claims, including amounts paid for Claim Expense, Defense Cost and Damages. Loading and Unloading

Aggregate Limit of Liability. Premium: $10,000,000, excess of $40,000,000 $109,250 Claim Reporting Provisions: This policy is written on a claims-made basis and follows form of the primary policy reporting provisions. Be advised that late reporting may result in a disclaimer of coverage letter from the insurer.

Aggregate Limit of Liability means the maximum amount payable as stated in the Declarations by us in respect of all claims and losses.

Aggregate Limit of Liability means the maximum amount that We will pay under this Policy as specified in the Evidence of Insurance.