Maximum lifetime benefit of a given insurance policy; often $1 million, although some policies have no limit.
Related information about policy limit:
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The maximum dollar amount of coverage provided by an insurance company for a certain policy. Policy Limit. The maximum benefit an insurance company will ...
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Definition of policy limit: Maximum lifetime benefit of a given insurance policy; often $1 million, although some policies have no limit.
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Aug 20, 2012 ... Insurers are well aware of the typical bad faith scenario in third-party claims. Counsel for a claimant sends a demand for policy limits to the ...
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Jun 15, 2009 ... When you purchase an insurance policy you have several policy limit options to choose from. Very few insurance consumers truly understand ...
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Insurance company pays more than policy limit. Insurance company pays more than policy limit. Fernando Gallo's* car was hit and forced off the road by a driver ...