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Limit of Cover definition

Limit of Cover means the total aggregate amount which the We will pay to You under this policy during the relevant Period of Insurance being the amount specified on Your Schedule of Insurance.
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Limit of Cover means the most We will pay You in respect of a Claim;
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Limit of Cover means the maximum amount specified in the Schedule that the Insurer will be liable to pay under this Policy, less any sum paid to the Other Side by the Insurer in respect of adverse costs pursuant to a Deed of Indemnity.
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Examples of Limit of Cover in a sentence

  • Limit of Cover – means the total amount which we will pay to you under this policy during the Period of Insurance.

  • If the Insured Vehicle is damaged and rendered Undriveable by a single road traffic collision, fire, malicious damage, theft or attempted theft, (excluding if due to glass damage,) and the incident occurs within the Territorial Limits, We will arrange for a Hire Vehicle, for Your use during the reasonable repair period only or until 3 days following payment has been issued to You in settlement of Your vehicle claim in any event not exceeding the Limit of Cover.

  • The reward You have offered and paid to recover Your missing Pet, up to twice Your Pet’s Value or the Limit of Cover, whichever is lower.

  • If We agree the new limit, the new Limit of Cover will only apply after a new Waiting Period has been completed, following the date of the upgrade.

  • If You have no formal proof of payment, We will pay You the estimated value of Your Pet based on its age, breed, pedigree, sex and breeding ability at the time of the Insurance Event resulting in a claim, not exceeding the Limit of Cover.

  • The Limit of Cover and Inner Limits which apply to Vet Fees Abroad apply in total together with Vet Fees.

  • Any Illness, Accidental Injury or Symptomwhich is:• diagnosed as one Illness or Accidental Injury; or• caused by, related to, or resulting from another Illness, Accidental Injury or Symptom.When applying a Limit of Cover, Excess or exclusion, We will consider Bilateral, Recurring or Related Conditions as one Condition.

  • If You have noformal proof of payment, We will pay You the estimated value of Your Pet based on its age, breed, pedigree, sex and breeding ability at the time of the Insurance Event resulting in a claim, not exceeding the Limit of Cover.

  • However the total amount payable under this Section 2 shall not exceed the Limit of Cover.

  • If the Insured Vehicle is damaged and rendered Un Drivable by a single road traffic collision, fire, malicious damage, theft or attempted theft, (excluding if due to glass damage,) and the incident occurs within the Territorial Limits, We will arrange for a Hire Vehicle, for Your use during the reasonable repair period only or until 3 days following payment has been issued to You in settlement of Your vehicle claim in any event not exceeding the Limit of Cover.


More Definitions of Limit of Cover

Limit of Cover means:Under Section 1A - £1000 each Home Emergency including parts, labour, VAT and call out fee Under Section 1B - £250 each Home Emergency
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Related to Limit of Cover

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Levels of cover means cover is available for either hospital treatment, general treatment or combined hospital and general treatment.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Period of Cover As defined in the Schedule. Policy: The meaning given on page 1 of this document at subsection (iii). Policy Anniversary Date: The anniversary of the commencement of the Period of Cover. Policyholder: The Trustees of the Scheme.

  • Limit of Liability means, with respect to any Insuring Agreement, the limit of liability of the Underwriter for any Single Loss covered by such Insuring Agreement as set forth under the heading “Limit of Liability” in Item 3 of the Declarations or in any Rider for such Insuring Agreement.

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Ground cover means organic or non-organic material applied to prevent soil erosion such as concrete, flagstone, gravel, asphalt, grass or other landscaping.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • 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.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • 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, $3,989,156, in each case reduced by Special Hazard Losses allocated to the Certificates 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) $3,989,156 as reduced by the Special Hazard Losses allocated to the Certificates 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.

  • 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.

  • Property Insurance is defined in Section 6.10(a).

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • 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.

Most Referenced Clauses

Most Referenced Definitions