Claim Limit.
The maximum amount payable under the Scratch & Dent section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess. The maximum amount payable under the Alloy Wheel section of your policy is £1,000 (including VAT) in any oneperiod of insurance subject to the excess.
Examples of Claim Limit in a sentence
Damages paid within the Lock Box Claim Sublimits of Liability are included within, and not in addition to, the per Claim Limit of Liability and the Aggregate Limit of Liability under Item 3 of the Declarations.
Damages paid within the Environmental Claim Sublimits of Liability are included within, and not in addition to, the per Claim Limit of Liability and the Aggregate Limit of Liability under Item 3 of the Declarations.
The Each Claim Limit is the most the Insurer will pay for the sum of all “damages” arising out of any one “claim” or “action”.
Damages paid within the Discrimination Claim Sublimits of Liability are included within, and not in addition to, the per Claim Limit of Liability and the Aggregate Limit of Liability under Item 3 of the Declarations.
Multiple “claims” arising out of or related to one act or to a series of related acts shall be treated as one “claim” that is subject to one Each Claim Limit.
More Definitions of Claim Limit
Claim Limit
means the sum of One Hundred Thousand Pounds (£100,000) Sterling;
Claim Limit
means an amount equal to the sum of the Purchase Price, the amounts payable by the IP Purchaser on Completion under clause 7.6(c) and 3.2(c) and the Financial Debt Payout Amount.
Claim Limit
means $1,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners and operators of 1 to 100 refined petroleum underground storage tanks or $2,000,000.00 for all claims of owners or operators and their affiliates during a claim period for owners or operators of more than 100 refined petroleum underground storage tanks.
Claim Limit
means the maximum amount under paragraph 20(1)(b).
Claim Limit
means the maximum amount payable by us as stated under each section of cover, including call out charges, labour, parts and materials (including VAT), and subject to prior agreement from us. Commencement Date - means the start of the service contract as shown in the schedule. Covered Property/Properties – means the residences covered under this Service Contract.
