Examlex
Damages Recoverable
The amount of money that can be claimed or awarded as compensation for loss or injury in a legal action.
Dollar Limits
The maximum amount of money that can be claimed from a jurisdictional perspective or under a specific insurance policy.
Breach Of The Insurance Contract
occurs when either the insurer or the insured fails to fulfill their contractual obligations in an insurance policy.
Policy Provisions
Specific terms and conditions outlined in an insurance policy or other formal document that define coverage, limitations, and obligations of the parties involved.
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