Limit of Cover definition

Limit of Cover means the most We will pay You in respect of a Claim;
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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 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.

  • 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.

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

  • 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.

  • 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 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.

  • 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 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

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

  • Period of Cover means the duration of Your cover as stated in Your Policy Documents.

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

  • 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;

  • 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;