Per Occurrence Limitation Of Liability Provision

Per Occurrence Limitation Of Liability Provision,

Per Occurrence Limitation Of Liability Provision:

  1. Per Occurrence Limitation Of Liability Provision can be defined as, Non-standard commercial property insurance that essentially converts global boundaries into location-specific boundaries. This provision proves that the maximum amount covered by the insured for the loss of commercial property in a particular place is the amount fixed for that place in the sick person's value statement. Sometimes used in conjunction with other substandard commercial property insurance policies. The margin clauses mitigate the negative effects of the incident limitation clauses, stating that the insured can be charged a maximum amount of damages at a given location which is guaranteed to be 100 of (e.g., 110 or 125 ٪). Reported for this location.

Literal Meanings of Per Occurrence Limitation Of Liability Provision

Per:

Meanings of Per:
  1. For each (used with units to display rates)

  2. Divided by title line.

Sentences of Per
  1. A gas station that costs 29 1.29 a gallon

  2. With software

  3. Do as instructed

Synonyms of Per

per, every, each, observing, in keeping with, in fulfilment of, heeding, true to, in obedience to, honouring, in line with, in conformity with, as per, in accordance with, in agreement with, to, in harmony with, in compliance with, following, commensurate with, as specified by

Occurrence:

Meanings of Occurrence:
  1. Events or events.

Sentences of Occurrence
  1. Vandalism was once a rare occurrence

Synonyms of Occurrence

happening, affair, circumstance, development, phenomenon, event, eventuality, contingency, matter, experience, incident

Limitation:

Meanings of Limitation:
  1. Limiting rules or conditions are limitations.

  2. Legally set period after which the action can be canceled or the property ceases to exist.

Sentences of Limitation
  1. Restriction on water consumption

  2. This is an exception, as the central limitation period continues until the court issues a decision.

Synonyms of Limitation

clampdown, constraint, control, check, curb, restraint, restriction

Of:

Meanings of Of:
  1. Shows the relationship between two organizations, usually one of an association.

  2. Express the relationship between a general type or type and the specific items that fall into this category.

  3. Derived from or associated with a verb.

Synonyms of Of

made by, caused by, done by, carried out by, of, in, from, by

Liability:

Meanings of Liability:
  1. The person or thing whose presence or behavior causes embarrassment or harm.

Sentences of Liability
  1. Partners accept unlimited responsibility for their own risks

Synonyms of Liability

burden, encumbrance, responsibility, nuisance, inconvenience, accountability, answerability, handicap, legal responsibility, hindrance

Provision:

Meanings of Provision:
  1. Something to use Spread or spread something.

  2. The quantity or supply of something.

  3. Terms or requirements in legal documents.

  4. Appointment of the beneficiary, usually directly from the pope instead of the boss, and initially before he is released.

  5. Provide food, drink or supplies, especially for travel.

  6. Save money for known obligations in the organization's account.

Sentences of Provision
  1. New service agreements

  2. Less social benefits

  3. Important provisions of civil law

  4. Consider another example of medieval populism in medieval England.

  5. The Civil Force contractor is responsible for providing the force

  6. Financial institutions need to provide themselves with financial assistance to cover credit losses.

Synonyms of Provision

equipping, supplying, amenities, clause, accoutre, term, equip, giving, allocation, outfit, specification, requirement, arm, furnish, rig out, solutions, supply, resource, arrangements, facilities, distribution, resources, presentation, purveying, equipment, stipulation, fit up, services