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Claim Limit definition

Claim Limit. The maximum amount payable under the Scratch & Dent section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess. The maximum amount payable under the Alloy Wheel section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess.
Claim Limit the sum of USD 10,000,000;
Claim Limit has the meaning given to it in Clause 6.5 (Calculation of Claim Limit). “Claim Period” means:

Examples of Claim Limit in a sentence

  • The Allowable Claim Limit for charges for medical and surgical supplies made by a provider may be based upon the invoice price (cost) to the provider, plus an additional 12%.

  • In the event of any payment of loss in whole or in part under the terms of both this policy and any other policy or policies issued at any time by the Company to the INSURED MEMBERS, such loss payable for a CLAIM shall not exceed the highest single Per Claim Limit of Liability as stated in the Declarations of the policies and not the sum of the Per Claim Limit of Liability of the policies combined.ENDORSEMENT NO.

  • Subject to the Policy Limit of Insurance and to the Aggregate Claims-Made Liability Coverages Limit of Insurance, the Each Enterprise Security Event Claim Limit of Insurance stated on the Declarations is the most the Insurer will pay for all covered Damages and Claim Expenses in connection with each such Enterprise Security Event Claim.

  • Subject to the Policy Limit of Insurance and to the Aggregate Claims-Made Liability Coverages Limit of Insurance, the Each Privacy Regulation Claim Limit of Insurance stated on the Declarations is the most the Insurer will pay for all covered Regulatory Loss and Claim Expenses in connection with each such Privacy Regulation Claim.

  • You will have to pay the Repairer and recover reasonable costs from Us, subject to Your Claim Limit and Sum Insured.


More Definitions of Claim Limit

Claim Limit means the sum of One Hundred Thousand Pounds (£100,000) Sterling;
Claim Limit means, in respect of any calendar year, the greater of:
Claim Limit. ’ means the maximum under paragraph 56(1)(a).
Claim Limit means $1,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners and operators of 1 to 100 refined petroleum underground storage tanks or $2,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners or operators of more than 100 refined petroleum underground storage tanks.
Claim Limit means the maximum amount that this insurance cover will pay for any one claim and all claims in total during the period of insurance as shown on your schedule. These amounts are inclusive of VAT. If you are registered for VAT then we will not pay the VAT element of any claim under this insurance cover;
Claim Limit means an amount equal to the sum of the Purchase Price, the amounts payable by the IP Purchaser on Completion under clause 7.6(c) and 3.2(c) and the Financial Debt Payout Amount.
Claim Limit means $1,000,000.00 for all claims of owners