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limit of liability

The maximum benefit for which the insurer is liable, as established in the contract.

Related information about limit of liability:
  1. Limit of Liability - The Free Dictionary
    (redirected from Limit of Liability). Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia, 0.01 sec. limited liability. n. The liability of a firm's owners ...
     
  2. aggregate limit of liability - Insurance Glossary
    aggregate limit of liability - An insurance contract provision limiting the maximum liability of an insurer for a series of losses in a given time period--for example, ...
     
  3. What is limit of liability? definition and meaning
    Definition of limit of liability: Alternative term for limitation of liability.
     
  4. Limited liability - Wikipedia, the free encyclopedia
    Limited liability is a concept whereby a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or ...
     
  5. Limit of liability - Merriam-Webster Online
    the maximum amount for which an insurance company may be held liable under a given policy. This word doesn't usually appear in our free dictionary, but the ...
     
  6. Limits of Liability
    Feb 22, 2012 ... What is the limit of liability for my vessel/facility? Won't my insurance ... I have exceeded my limit of liability; what do I do now? OPA limits on ...
     
  7. Cook County Government, Illinois - Health & Hospitals System, Cook ...
    Limit of Liability (LOL) Program - a program that reduces the patient bill based on income/family size and places them on a sliding fee scale. After receipt of an ...
     
  8. Limit of Liability - Eaton & Berube Insurance Agency
    Limit of Liability insurance is important to understand when purchasing medical professional liability insurance. Let us help you understand the aggregate limit of ...