Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s total liability under this Policy (inclusive of Damages and/or Defence Costs, and regardless of the number of Insureds or claimants or the total number or amount of Claims made against the Insured) for any one Claim and in the aggregate for all Claims made against the Insured during the Policy Period.
Limit of Indemnity means the amount stated in the Schedule against each relevant Section, which shall be Our maximum liability under this Policy (regardless of number of Claims made) for any one claim and in the aggregate for all claims under such Section subject to deductible specified in the policy schedule.
Examples of Limit of Indemnity in a sentence
The maximum cumulative increase in the Limit of Indemnity will be limited to 5 years and 50% of Sum Assured.
More Definitions of Limit of Indemnity
Limit of Indemnity means the amount stated in the Schedule, which shall be the Company’s maximum liability under this Policy (regardless of the total number or amount of Claims made) for any one Claim and in the aggregate for all Claims during the Policy Period.
Limit of Indemnity means the amount(s) stated in the Schedule or any lesser limit shown in the Schedule or Policy. The Limit of Indemnity is:
Limit of Indemnity means the amount stated in the Schedule.
Limit of Indemnity means the Limit of Indemnity as shown in the Schedule.
Limit of Indemnity means the applicable Limit of Indemnity specified in the Policy Schedule.
Limit of Indemnity means the amount specified in the Schedule.
Limit of Indemnity means the maximum amount of indemnity as specified in the Schedule that will be provided under this Policy by the Company in respect of