Limit of insurance means the most we will pay for covered loss arising from any seismic event.

Limit of insurance. The limit of insurance for your coverage, as shown on the “Auburn Insured Policy Declarations” page, applies to all issues arising from any two covered events or one theft during one policy period. What This Agreement Covers: We will cover direct physical loss caused by accidental damage, fire, flood, vandalism, natural disasters and power surge due to lightning occurring during the policy period to the iPad, including items entrusted to you, worldwide, as long as the items were in your possession and reported to us.

Limit of insurance means the most we will pay for any single covered event after any applicable de- ductible has been met.

Examples of Limit of insurance in a sentence

In the event of a "Downtime Loss", we will pay reasonable and necessary expenses you incur to avoid further "Downtime Loss." The total of our payments for "Downtime Loss" and Ex- penses to Reduce Loss will not be more than the Downtime Loss would have been payable under this coverage form if the Expenses to Reduce Loss had not been incurred.This coverage does not increase the Down- time Loss Limit of insurance shown in the schedule above.
The bridge will also be designed to meet Caltrans Seismic Design Criteria (SDC).Compliance with AASHTO, Caltrans, and other applicable standards typically indicates that risks to people and structures, including those related to unstable soil conditions, were properly safeguarded against.
Subject to Section IV, above, the Insurer is liable for the amount by which the loss or damage caused by any of the perils insured against exceeds the amount of the deductible specified on the Declarations Page(s) in any one Occurrence up to the Limit of insurance specified on the Declarations Page(s).
The limit provided is included within the Businessowners Liability Limit of insurance.
The Insurer is liable for the amount by which the loss or damage caused by any of the perils insured against exceeds the amount of the deductible specified on the Declarations Page(s) in any one Occurrence up to the Limit of insurance specified on the Declarations Page(s).

More Definitions of Limit of insurance

Limit of insurance means the maximum amount as shown on the Declarations that Underwriters will pay in

Limit of insurance means the maximum amount the Company will pay for loss or damage and is subject to amounts declared at each Insured Location as reflected in the latest Statement of Values on file with the Company at the time of loss.

Limit of insurance. The limit of insurance for your coverage, as shown on the “Auburn Insured Policy Declarations” page, applies to all losses arising from any three events or one theft during one policy period. What This Agreement Covers: We will cover Direct Physical Loss caused by Accidental Damage, Fire, Flood, Vandalism, Natural Disasters and Power Surge due to lightning occurring during the policy period to the iPad, including items entrusted to you, worldwide, as long as the items were in your possession and reported to us. LOSSES WE WILL NOT COVER: Corrosion & Rust: We will not cover loss or damage caused by or resulting from corrosion, rust or changes in humidity or temperature Dishonest Acts: We will not cover loss or damage caused by your dishonesty or anyone acting on your behalf. Nor do we cover any loss or damage arising from your illegal acts, whether committed alone or in collusion with others. However, if the loss or damage is caused by an act arising out of a pattern of criminal domestic violence and the perpetrator of the loss is criminally prosecuted for the act causing the loss, this exclusion does not apply to an otherwise covered loss suffered by another insured who did not cooperate in or contribute to the act that caused the loss.

Limit of insurance means a limit of insurance equal to the Adjusted Total Value indicated in the Property Coverage Declarations. This includes the property covered under E. SPECIAL PROPERTY COVERAGES, unless a separate limit, lower limit or reduced amount of insurance is indicated in this Contract, Schedule of Property Values, or in the Property Coverage Declarations for any such Covered Property.

Limit of insurance means the amount or amounts specified in Item 3 of the Schedule and applied in accordance with Section V LIMITS OF LIABILITY AND DEDUCTIBLE hereof.

Limit of insurance. The limit of insurance for your selected coverage as shown on the Policy Declarations page, applies to all losses arising from any one event. Any amount we pay will not reduce your coverage for future losses. POLICY PERIOD: Period for which coverage is in force as stated on your Policy Declarations page. A loss must occur within this period to be covered.

Limit of insurance means the maximum amount as shown on the Declarations that Underwriters will pay in any one occurrence for loss or damage to Insured Goods.