Limit of Cover definition

Limit of Cover means the total aggregate amount which 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: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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Examples of Limit of Cover in a sentence

  • Limit of Cover for Claim Investigation CostsWhere Cover is provided under this Policy for any Claim, then Claim Investigation Costs are payable in respect of that Claim in addition to the Policy Limit but only up to an amount equal to the Policy Limit.

  • In the event of Bar Mutual having already indemnified the Insured in respect of Defence Costs, Bar Mutual shall be entitled to recover from the Insured such proportion of them as may exceed that proportion of the sum paid in order to dispose of the Claim as is represented by the Limit of Cover.

  • If a sum in excess of the Limit of Cover has to be paid in order to dispose of any Claim, Bar Mutual's liability in respect of Defence Costs shall be in the same proportion as the Limit of Cover bears to the sum paid to dispose of the Claim.

  • If a Claim becomes the subject of proceedings before any tribunal in the United States or Canada and is resolved (whether by judgment, settlement or otherwise) in accordance with the law of such jurisdiction, the additional cover afforded by clause 2.1(ii) shall not apply, and all Defence Costs shall be included within the Limit of Cover.

  • In respect of Free Legal Advice Centres, Bar Mutual shall indemnify any Employed Barrister providing Legal Services through a Free Legal Advice Centre to the extent of the Limit of Cover in respect of Claims that are made against the Employed Barrister during the period up to the sixth anniversary of the end of the Period of Insurance arising out of any acts or omissions giving rise to Civil Liability that occurred prior to the end of the Period of Insurance.

  • Bar Mutual shall indemnify the Insured against Claims in like terms to clause 1.1 to the extent that it arises out of or in any way in connection with a Prior Practice subject to a Limit of Cover of £500,000 where the Prior Practice was an Entity but was not at the time it ceased to exist a member of Bar Mutual.

  • The insurance may provide that if a Claim becomes the subject of proceedings before any court or tribunal in the United States or Canada and is resolved (whether by judgment, settlement or otherwise) in accordance with the law of such jurisdiction, any Defence Costs covered under paragraph 2.1(ii) above shall be included within and not payable in addition to the Limit of Cover.

  • The insurance may provide that if a sum in excess of the Limit of Cover has to be paid in order to dispose of any Claim, the Insurer's liability in respect of Defence Costs shall be in the same proportion as the Limit of Cover bears to the sum paid to dispose of the Claim.

  • In the event of the Insurer having already indemnified the Insured in respect of Defence Costs, the Insurer shall be entitled to recover from the Insured such proportion of them as may exceed that proportion of the sum paid in order to dispose of the Claim as is represented by the Limit of Cover.

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


More Definitions of Limit of Cover

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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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.

  • 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.

  • 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.

  • 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;