Common use of Benefit Limits Clause in Contracts

Benefit Limits. The maximum total Benefit amount We will pay under this Policy for each event is the limit specified in the Policy Schedule for that event. If Insured Person is aged seventy (70) years old and above at the time of loss, the maximum Sum Insured amounts under Part 2 - Benefit 1, 2 and 3 payable under this Policy will be capped at fifty percent (50%) of the Sum Insured limit specified in the Policy Schedule. 25 Geographical Coverage This Policy insures the Insured Person twenty-four (24) hours a day and seven (7) days a week within: i) For Benefits 1 to 7 – Hong Kong, Macau and mainland China. ii) For Benefits 8 to 12 – Macau and mainland China only (Hong Kong is not included). Losses arising or expenses incurred outside of the applicable Geographical Areas are not covered.