TERMIUM Plus®

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INDEMNITY LIMIT [3 records]

Record 1 2009-04-24

English

Subject field(s)
  • Insurance
DEF

The maximum amount an insurance company agrees to pay for an insured risk.

French

Domaine(s)
  • Assurances
DEF

[Somme maximale] qu'un assureur accepte de garantir pour un risque déterminé; si le montant du dommage excède cette limite, la différence, ou découvert, est à la charge de l'assuré ou du tiers.

Spanish

Save record 1

Record 2 2002-01-16

English

Subject field(s)
  • Insurance
Key term(s)
  • indemnity limit

French

Domaine(s)
  • Assurances

Spanish

Campo(s) temático(s)
  • Seguros
Save record 2

Record 3 1981-06-09

English

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

Where an insured passenger is in his own car which is driven by another person, the indemnity is limited to an amount of $1 000 for the two of them-true value of damage multiplied by the percentage of non-responsibility up to limit of a maximum of $1 000.

French

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

Assuré passager dans son véhicule conduit par une autre personne, la limitation de l'indemnité est arrêtée à $1 000 pour les deux - Valeur réelle du dommage multipliée par le pourcentage de la non-responsabilité jusqu'à concurrence d'un maximum de $1 000.

Spanish

Save record 3

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