What does Smooth Limits mean? Read on to discover the definition & meaning of the term Smooth Limits - to help you better understand the language used in insurance policies.
Some aircraft insurance policies contain a smooth limit, which is a combined single limit that applies to all bodily injury and property damage that arises out of a single occurrence. A smooth limit offers flexibility as it applies to any combination of third-party bodily injury, bodily injury to passengers, or property damage.
We hope the you have a better understanding of the meaning of Smooth Limits.