Common use of Maximum Policy Liability Clause in Contracts

Maximum Policy Liability. Maximum Policy Liability means the maximum aggregated value of claim payments available during this Policy Period for all Claimable Events and when the Maximum Policy Liability has been exhausted the Insured is not entitled to an indemnity under this Policy.

Appears in 6 contracts

Sources: Comprehensive Trade Credit Insurance Policy, Excess of Loss Trade Credit Insurance Policy, Trade Credit Insurance Policy

Maximum Policy Liability. Maximum Policy Liability means represents the maximum aggregated value of claim payments available during under this Policy Period for all Claimable Events and when the Maximum Policy Liability this limit has been exhausted the Insured is not entitled to an indemnity submit any further claims under this Policy.

Appears in 1 contract

Sources: Commercial Tenant Default Insurance Policy

Maximum Policy Liability. Maximum Policy Liability means the maximum aggregated value of claim payments available during this Policy Period for all Claimable allClaimable Events and when the Maximum Policy Liability has been exhausted the Insured is not entitled to an indemnity under this Policy.

Appears in 1 contract

Sources: Trade Credit Insurance Policy