Limits of Coverage definition

Limits of Coverage means the maximum amount of financial protection afforded anyMember as the result of a single occurrence.
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Limits of Coverage means the maximum amount of financial protection afforded any “member entity” or “entities”.
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Limits of Coverage. Bodily Injury: Property Damage: Personal Injury:
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Examples of Limits of Coverage in a sentence

  • Limits of Coverage shall not be less than: Bodily Injury, Personal Injury, & Property Damage Liability: $1,000,000 Combined Single Limit Each Occurrence and Aggregate $1,000,000 Each occurrence and Aggregate for Liability under this Specific Agreement.

  • Limits of Coverage shall not be less than: Bodily Injury, Personal Injury, & Property Damage Liability: $1,000,000Combined Single Limit Each Occurrence and Aggregate$1,000,000Each occurrence and Aggregate for Liability under this Specific Agreement.

  • After the Member's SIR and deductibles have been satisfied, MMRMA will be responsible for paying all remaining costs, including damages, indemnification, and allocated loss adjustment expenses to the Limits of Coverage stated in Table II.

  • The most MMRMA will pay, under any circumstances, which includes payments from the Member's SIR, per occurrence, is shown in the Limits of Coverage column in Table II.

  • Limits of Coverage or CLAIMS EXPENSE ALLOWANCES in multiple individual Plans do not stack for any CLAIMS that are “related.” As the definition of SAME OR RELATED CLAIMS and its Comments and Examples demonstrate, the term “related” has a broad meaning when determining the number of Limits of Coverage and CLAIMS EXPENSE ALLOWANCES potentially available.

  • Limits of Coverage shall be not less than: $1,000,000 Each Occurrence $2,000,000 General Aggregate Applying, In Total To This Project Only $1,000,000 Products/Completed Operations Aggregate $1,000,000 Personal Injury and Advertising Liability $ 50,000 Fire Legal Liability $ 5,000 Medical Expense Aggregate Limits of Insurance (Per Project) Form must be included (or as excepted in (f) below) with the Commercial General Liability Policy.

  • Defense Expenses may be included within the Limits of Coverage and Deductible.

  • A person or organization may bring a Suit against us including, but not limited to, a Suit to recover on an agreed settlement or on a final judgment against anyone covered by this policy; but we will not be liable for damages that are not payable under the terms of this insurance or that are in excess of the applicable Limits of Coverage.

  • Minimum Limits of Coverage are as follows: Parish has the right to examine policies to assure coverages.

  • Defense Expenses may reduce up to 50% of the Limits of Coverage and may be applied to up to 50% of the Deductible.


More Definitions of Limits of Coverage

Limits of Coverage. The maximum amount payable as the result of any one covered accident causing Injury to one or more Covered Employee(s)[, any Occupational Disease, and/or any Occupational Cumulative Trauma] is as follows: [(a)] $[ 500,000 ] per occurrence, each accident [(b) $[ 500,000 ] per person, per Occupational Disease] [(c) $[ 500,000 ] per person, per Occupational Cumulative Trauma] The Company will not be liable for any amount in excess of the above stated Limits of Coverage, applicable to any combination of those coverages indicated in item 5 above.
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Limits of Coverage means the amounts set forth in the Coverage Form.
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Related to Limits of Coverage

  • Levels of cover means cover is available for either hospital treatment, general treatment or combined hospital and general treatment.

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

  • Evidence of coverage means any certificate, agreement or contract issued to an enrollee setting out the coverage to which the enrollee is entitled.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • 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.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Certificate of Coverage means a written certification provided by any source that offers medical care coverage, including the Plan, for the purpose of confirming the duration and type of an individual’s previous coverage.

  • Special Hazard Coverage The Special Hazard Coverage on the most recent anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) or, if prior to the first such anniversary, $9,706,461, in each case reduced by Special Hazard Losses allocated to the REMIC II Regular Interests since the most recent anniversary of the Cut-Off Date (or, if prior to the first such anniversary, since the Cut-Off Date). On each anniversary of the Cut-Off Date, the Special Hazard Coverage shall be reduced, but not increased, to an amount equal to the lesser of (1) the greatest of (a) the aggregate principal balance of the Mortgage Loans located in the single California zip code area containing the largest aggregate principal balance of Mortgage Loans, (b) 1.0% of the aggregate unpaid principal balance of the Mortgage Loans and (c) twice the unpaid principal balance of the largest single Mortgage Loan, in each case calculated as of the Due Date in the immediately preceding month, and (2) $9,706,461 as reduced by the Special Hazard Losses allocated to the REMIC II Regular Interests since the Cut-Off Date. The Special Hazard Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies (determined in the case of the Insured Certificates, without giving effect to the Certificate Insurance Policy).

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Property Insurance is defined in Section 6.10(a).

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.