TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

LIMIT LIABILITY RULE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1981-10-14

English

Subject field(s)
  • Insurance
  • Fire, Accidents, Miscellaneous Risks (Insur.)
OBS

When the above situation exists the limit of liability rule shall be applied for all types of non-concurrency except that any co-insurance clause shall be applied as if it were a reduced rate contribution or reduced rate average clause applying this rule.

French

Domaine(s)
  • Assurances
  • Incendies, accidents et risques divers (Assur.)
OBS

Sous réserve des règles précédemment expliquées, quand la situation décrite plus haut existe, la règle de limitation de responsabilité sera appliquée pour chaque genre de non concurrence excepté que toute clause de règle proportionnelle sera appliquée aux mêmes termes que si elle était une clause de réduction de contribution de taux ou clause de règle proportionnelle de réduction de taux appliquée à cette règle.

Spanish

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