Indemnity Limit definition

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of any one CLAIM and in the aggregate during the POLICY PERIOD subject to Optional Extension 2.15.

Indemnity Limit means the Insurer’s total liability to pay damages, claimant’s costs, fees and expenses, and shall not exceed (except where specific sums are stated in the Insuring Clauses of this Section) the sum(s) stated in the Schedule, or the Euro equivalent on the first day of the Period of insurance, in respect of any one claim or series of claims arising out of one originating cause regardless of the number of persons claiming an indemnity from the Insurer under the terms of Section 1 of this Policy.

Indemnity Limit means the limit of Our liability under this Policy as specified in the Schedule.

Examples of Indemnity Limit in a sentence

• Indemnity Limit applies to any one claim or series of claims arising from one originating cause.

• Indemnity Limit shall represent the total amount of Company’s Liability during the Policy Period.

• Our liability for all compensation (excluding costs) payable under Contingency 1 (Public Liability and Property Owners Liability) to any claimant or number of claimants in respect of or arising out of any one event or all events of a series consequent on one original cause will not exceed the Indemnity Limit stated in Section 3 of the Schedule.

• Our liability for all compensation, legal costs and expenses and solicitors fees payable under Contingency 1 (Employers Liability) to any claimant or number of claimants in respect of or arising out of any one event or all events of a series consequent on one original cause will not exceed the Indemnity Limit stated in Section 6 of the Schedule.

• Indemnity Limit shall represent the total amount of Company's Liability during the Policy period.

More Definitions of Indemnity Limit

Indemnity Limit means the sum shown in the Schedule which is available to indemnify the Insured in respect of any one Investigation or Claim and in the aggregate during the Policy Period subject to Automatic Extension 2.13 - Reinstatement of the Indemnity Limit. If the Insured is comprised of more than one entity, the Indemnity Limit applies to the group of such entities as a whole.

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of each claim provided always that where more than one claim arises from the same original cause or single source or event all such claims shall be deemed to be one claim and only one INDEMNITY LIMIT shall be payable in respect of the aggregate of all such claims.

Indemnity Limit means the sum shown in the SCHEDULE which is available to indemnify the INSURED in respect of each claim provided that all claims payable under this insurance including any DEFENCE COSTS shall not exceed in the aggregate the limit shown in the SCHEDULE.

Indemnity Limit means the applicable limit stated in the Schedule

Indemnity Limit means the limit of Our liability under this Certificate as specified in the Schedule.

Indemnity Limit shall have the meaning given to such term in Section 9.1.6 herein.

Indemnity Limit means the amount specified in the Schedule.