Common use of LIMIT OF COVERAGE Clause in Contracts

LIMIT OF COVERAGE. The most DOAS will pay for any one covered loss “occurrence” under Money & Securities Coverage is the lesser of, the applicable Money & Securities Amount shown in the All Risk Certificate or $250,000. Should a covered loss under Money & Securities Coverage, arising from a single loss “occurrence” exceeds $250,000, then the policy provisions contained in the commercial excess crime insurance policy purchased by DOAS will dictate any additional limits of coverage available at the time of loss.