Limit of Indemnity definition

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

  • Limit of Indemnity This is the maximum amount payable under this Insurance in respect of each Student named in the Certificate of Insurance.

  • Section shall not exceed the Limit of Indemnity specified in the Schedule a.

  • Student : xxxxxxxxxx Student Email Address: xxxxxxxxxx PEI: xxxxxxxxxx Course Title : xxxxxxxxxx Course Reference No: xxxxxxxxxx Course Duration: (For the duration of Fee Paid) From : dd/mm/yyyy To : dd/mm/yyyy (Both dates inclusive) Period of Indemnity : From : dd/mm/yyyy To : dd/mm/yyyy (Both dates inclusive) Limit of Indemnity: (Fee Paid) S$ xxxxxxxx Premium: S$ xxxxxxxx (Inclusive of GST) Insured Events: Please refer to the policy document for full details.

  • Provided that Our liability shall not exceed the Limit of Indemnity stated under this Section.

  • ScheduleThe Policy Schedule where the details of Your personal information, Premium, risk location, interest insured and Sum Insured/ Limit of Liability / Amount of Guarantee / Limit of Indemnity are specified.


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 amount specified in the Schedule.
Limit of Indemnity means the applicable Limit of Indemnity specified in the Policy 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