Policy Limit definition

Policy Limit meansthe highest individual limit available where cover is applicable under any Insuring Clause or Section as stated in the Schedule.
Policy Limit means the limit stated in item 5 of Schedule 1 in respect of any one Occurrence and in the aggregate for all loss and damage insured hereunder, including for the avoidance of doubt, any amount(s) paid in respect of the Policy Sub-Limit.
Policy Limit means the limit stated in the schedule as the total sum insured.

Examples of Policy Limit in a sentence

  • The Contractor shall also carry Employers Liability limits of at least $100,000 Each Accident, $100,000 Disease – Each Employee, and $500,000 Disease – Policy Limit.

  • Bodily Injury by Disease -- $500,000 Each Employee Bodily Injury by Disease -- $500,000 Policy Limit The Contractor and any subcontractor shall maintain adequate workers’ compensation insurance as required by law to cover all employees during performance of services, or during delivery, installation, assembly or related services in conjunction with this Agreement.

  • The Contractor shall maintain worker’s compensation insurance in amounts as required by statute in all states in which the Contractor performs work, and employer’s liability insurance with a limit of $100,000 Bodily Injury by Accident each Accident; $100,000 Bodily Injury by Disease – each employee; and $500,000 Bodily Injury by Disease – Policy Limit.

  • If the amount that has to be paid to dispose of, settle or finalise a Claim exceeds the Policy Limit, then We only pay for the same proportion of the Claim Investigation Costs as the Policy Limit bears to the amount to be paid to dispose of, settle or finalise the Claim.

  • Bodily Injury by Disease -- $500,000 Each Employee Bodily Injury by Disease -- $500,000 Policy Limit The Contractor and any subcontractor shall maintain adequate workers’ compensation insurance as required by law to cover all employees during performance of services, or during delivery, installation, assembly, or related services in conjunction with this Agreement.


More Definitions of Policy Limit

Policy Limit means the coverage limit of $75,000,000 pursuant to the R&W Insurance Policy.
Policy Limit means the limit stated in Schedule in respect of any one Occurrence and in the aggregate for all loss and damage insured hereunder.
Policy Limit means $22,000,000.
Policy Limit means the maximum amount, set forth in the Certificate of Coverage, that is payable by the Company under this Policy for all Covered Benefits after any Self-Insured Retention or Second Layer Self- Insured Retention, if applicable, has been met by the Certificate Holder.
Policy Limit means $_________**, in all.
Policy Limit means the most we will pay under this policy. “Emergency Political Repatriation” shall be repatriation arising from:
Policy Limit means maximum aggregate amount as mentioned on theschedule for each section of coverage for the Period of Insurance.