What Does Per Occurrence Limit Mean?
What does Per Occurrence Limit mean? Read on to discover the definition & meaning of the term Per Occurrence Limit - to help you better understand the language used in insurance policies.
Per Occurrence Limit
In liability insurance, the maximum amount the insurer will pay for all claims resulting from a single occurrence, no matter how many people are injured, how much property is damaged, or how many different claimants may make claims.
We hope the you have a better understanding of the meaning of Per Occurrence Limit.
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