Sentences with phrase «incurs up to the limit of the policy»

In the event of a covered loss, the insurance company pays for the financial losses the business incurs up to the limit of the policy after the deductible amount is paid by the business filing a claim.

Not exact matches

In other words, the policy covers, up to the policy limit, necessary living expenses that you incur in order to continue your life in a way that is as near as possible to your normal standard of living.

This means that the additional living expenses the family incurs over and above their normal cost of living are paid by the insurance, up to the policy limit for that coverage.

If someone was accidentally injured at your business site (e.g. a customer fell on your premises and had to seek medical aid), General Liability coverage will compensate medical (and / or funeral) expenses incurred within one year of the accident up to your policy's limits.

That benefit includes reimbursements for reasonable costs for meals, accommodations and additional transportation expenses incurred during the delay, up to the coverage limit of their policy.

Wreck removal: pays up to the limit in the policy the reasonable expenses you incur for any attempted or actual raising, removal or destruction of the wreck of your watercraft when damage is caused by an insured loss and removal, or destruction is required by law.

As long as the accident is covered within the terms of your policy, PIP coverage pays for medical bills, income losses and other related expenses incurred by you or your passengers (after your deductible, and up to your covered limit).

It doesn't cover losses incurred by the policyholder, but it does protect you in an at fault accident from coming out of pocket for damages to another up to your policy limits.

Sponsor Protection In case of Accidental death or permanent disablement of your sponsor Future Generali reimburse your tuition Fee incurred for the remaining period of your education up to specified maximum limit under policy.

If a covered Injury or Illness requires continuing Treatment after the expiration of the Policy Period, an Insured Person may receive continuing Treatment for the covered Injury or Illness for up to 6 months per Injury or Illness, subject to the following: if the Policy Period expires while the Insured Person is outside the Home Country, a covered Injury or Illness incurred while outside and prior to returning to the Home Country, and that covered Injury or Illness requires continuing Treatment, the Company will review and determine the date of initial Treatment for the covered Injury or Illness, and if such date is prior to the expiration of the Policy Period, Eligible Medical Expenses for the covered Injury or Illness will continue to be reimbursed until there has been at least the minimum number of days of continuous Treatment for the covered Injury or Illness, subject to the limits set forth in the Schedule of Benefits / Limits, and all other Terms of the insurancelimits set forth in the Schedule of Benefits / Limits, and all other Terms of the insuranceLimits, and all other Terms of the insurance plan.

In other words, the policy covers, up to the policy limit, necessary living expenses that you incur in order to continue your life in a way that is as near as possible to your normal standard of living.