Insurance Policy Limits definition

Insurance Policy Limits. As specified in Agreement  Other specified below Comprehensive General Liability: _________per occurrence Automobile: per person, per occurrence/bodily injury, and per occurrence/property damage Errors & Omissions for all claims during policy year Miscellaneous: Please reference contract number Contract Number and include professional services, and reimbursable expenses, with backup on all invoices when submitting for payment.
Sample 1
Insurance Policy Limits. The limits of insurance shall not be less than the following amounts: Commercial General Liability Includes: Personal & Advertising Injury, Product Liability and Completed Operations $2,000,000 each occurrence; $4,000,000 general aggregate Automobile Liability – Any Auto Combined Single Limit $1,000,000 per occurrence Excess Liability (Umbrella) $4,000,000 per occurrence; $4,000,000 aggregate (if required) Workers Compensation Statutory limits pursuant to State law Employers’ Liability $2,000,000 each accident, each disease; $2,000,000 policy limit Builder’s Risk (Course of Construction) Issued for the value and scope of Work indicated herein. Property of Others Combined Single Limit General Aggregate Issued for the value and scope of Work stored off-site. Subcontractor’s Insurance: Contractor shall require its Subcontractor(s), if any, to procure and maintain Commercial General Liability Insurance, Automobile Liability Insurance, and Umbrella Liability Insurance with minimum limits equal to at least fifty percent (50%) of the amounts required of the Contractor. [THIS SPACE RESERVED FOR PLANS IN POSSESSION OF THE JUDICIAL COUNCIL THAT CONTRACTOR MAY USE TO PERFORM WORK]
Sample 1
Insurance Policy Limits. As specified in Agreement  Other specified below Comprehensive General Liability: per occurrence Automobile: per person, per occurrence/bodily injury, and per occurrence/property damage Errors & Omissions for all claims during policy year Miscellaneous: Please reference Contract Number # – OL and include professional services and reimbursable expenses, with backup of all invoices when submitting for payment. 1. Workers’ Compensation: Coverage A. Statutory Benefits Coverage B. Employers’ Liability limits of not less than: Bodily Injury by accident $1,000,000 each accident Bodily Injury by disease $1,000,000 policy limit Bodily Injury by disease $1,000,000 each employee Coverage must include a waiver of subrogation endorsement in favor of, and naming, (1) the Owner Parties, and (2) the Agency Parties.
Sample 1

Examples of Insurance Policy Limits in a sentence

  • The School Business Manager will bank monies at such intervals that keep the school within the Insurance Policy Limits.

  • LaVorci, Disclosure of Insurance Policy Limits, 1957, 6 DePaul L.Rev.225.

  • Venator Reassures Investors That The Pori Rebuild Is “On Track” While Disclosing Costs May Exceed Insurance Policy Limits Due To The “Fast Track” Premium 53 K.

  • The following coverages are mandatory in the amounts indicated: Type of Insurance Policy Limits Comprehensive General Liability (including products/comp.

  • Liability Insurance Policy Limits are De Facto Caps onTort Damages In contrast to what I understand to be the case for some insurance policies in some European jurisdictions, all liability insurance policies in the United States are sold with limits on the amount of money that the liability insurer is obligated to pay for a particular claim or event, even if the damages owed by the insured are much larger.

  • CASE RESULT: Insurance Policy Limits Paid On Case After Case Lawyers know that it’s sometimes simple to get the policy limits paid.

  • Such policies shall not be for less than the amounts determined by the risk analysis listed under Minimum Insurance Policy Limits.

  • APPENDIX 1Minimum Insurance Policy Limits Type of Insurance Minimum Limits When Needed - Workman's Compensation Statutory Statutory - Aircraft Liability Risk Analysis Owned or leased aircraft - Non‑owned Aircraft Liability Risk Analysis Flying non‑owned aircraft (such as dual to owner, maintenance test & ferry flights, pilot service, sales demonstrations) - Airport Premises Liability Risk Analysis Airport premises are owned or leased by tenant.

  • Accordingly, future developments will pass by jointly using system dynamics and agent-based (AB) simulation methodologies.

  • Insurance Policy Limits for general usage of meeting rooms and facilities: $1,000,000.


More Definitions of Insurance Policy Limits

Insurance Policy Limits. The limits of insurance shall not be less than the following amounts: Commercial General Liability Includes: Personal & Advertising Injury, Product Liability and Completed Operations $2,000,000 each occurrence; $4,000,000 general aggregate Automobile Liability – Any Auto Combined Single Limit $1,000,000 per occurrence Excess Liability (Umbrella) $4,000,000 per occurrence; $4,000,000 aggregate (if required) Workers Compensation Statutory limits pursuant to State law Employers’ Liability $2,000,000 each accident, each disease; $2,000,000 policy limit Builder’s Risk (Course of Construction) Issued for the value and scope of Work indicated herein. Property of Others Combined Single Limit General Aggregate Issued for the value and scope of Work stored off-site.
Sample 1
Insurance Policy Limits means SGD 1,000,000.
Sample 1

Related to Insurance Policy Limits

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Blanket insurance policy means a group policy covering a defined class of

  • Reimbursement insurance policy means a policy of insurance

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Loss in Excess of Policy Limits shall be defined as Loss in excess of the Policy limit, having been incurred because of, but not limited to, failure by the Company to settle within the Policy limit or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Special Hazard Coverage The Special Hazard Coverage on the most recent anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) or, if prior to the first such anniversary, $9,706,461, in each case reduced by Special Hazard Losses allocated to the REMIC II Regular Interests since the most recent anniversary of the Cut-Off Date (or, if prior to the first such anniversary, since the Cut-Off Date). On each anniversary of the Cut-Off Date, the Special Hazard Coverage shall be reduced, but not increased, to an amount equal to the lesser of (1) the greatest of (a) the aggregate principal balance of the Mortgage Loans located in the single California zip code area containing the largest aggregate principal balance of Mortgage Loans, (b) 1.0% of the aggregate unpaid principal balance of the Mortgage Loans and (c) twice the unpaid principal balance of the largest single Mortgage Loan, in each case calculated as of the Due Date in the immediately preceding month, and (2) $9,706,461 as reduced by the Special Hazard Losses allocated to the REMIC II Regular Interests since the Cut-Off Date. The Special Hazard Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies (determined in the case of the Insured Certificates, without giving effect to the Certificate Insurance Policy).