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LSDefine

Simple English definitions for legal terms

policy limits

Read a random definition: Settlor

A quick definition of policy limits:

Policy limits refer to the maximum amount of coverage that an insurance company will provide for a single claim under an insurance policy. This means that if you have an insurance policy with a certain limit, the insurance company will only pay up to that limit if you make a claim. For example, if your car insurance policy has a limit of $50,000 and you get into an accident that causes $60,000 in damages, your insurance company will only pay up to $50,000 and you will be responsible for the remaining $10,000.

A more thorough explanation:

Definition: Policy limits refer to the maximum amount of coverage that an insurance company will provide on a single claim under an insurance policy. It is also known as liability limit or limit of liability.

Example: Let's say you have an auto insurance policy with a liability limit of $50,000. If you get into an accident and the damages exceed $50,000, you will be responsible for paying the remaining amount out of pocket.

Explanation: This example illustrates how policy limits work in an insurance policy. The insurance company will only cover up to the maximum amount specified in the policy, and any additional costs will have to be paid by the policyholder.

police state | policy loan

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gtown baby talk to me .... i know ppl on reddit are mad at u rn maybe like give some As so ppl chill out (mad for valid reason)
Dkk
11:07
From google "TBI stands for traumatic brain injury, which is an injury to the brain caused by an external force"
LSDFan
11:07
all SF operators have TBI's
11:07
@shaquilleoatmeal: what do you mean by invite, interview invite?
11:07
all serial killers drank milk as childs
11:08
children*
11:08
whoore*
BulbasaurNoLikeCardio
11:08
@LSDFan: They call it operator syndrome now at the VA
LSDFan
11:09
lol
11:09
I thought it was door kicker syndrome from all the breaching
Dkk
11:09
Ahh childhood, what a sweet sexual time of discovery. Takes me back.
BulbasaurNoLikeCardio
11:09
Who knew firing thousands of rounds and being next to explosions was bad for our brains
11:09
It is almost like the people doing that used to die fast
11:10
Didnt plan on anyone living long enough lol
11:10
I long to die on a european battlefield
11:10
thats the true white mans burden
11:10
calm down mostly putin
babycat
11:10
yeah fuck gtown btw
LSDFan
11:10
they don't even kick doors. They put C4 in a dip can and tape it to the wall
11:10
I am sure they kick some doors but yes
11:11
@EvolBunny: im a uki
babycat
11:11
terrible admin
BulbasaurNoLikeCardio
11:11
@babycat: I wonder why gtown felt what they said was a good idea and how secure that individual felt in their job to believe there would be no backlash.
Dkk
11:11
please, tell me more about Europa: The Last Battle @MostlyLegal
11:11
nothing you dont already know
Dkk
11:12
Lmfao, damn out of messages again. Time to go sit in the hot tub.
11:12
@BulbasaurNoLikeCardio: honestly fuck these schools
11:12
The way they act is so cringe and gives mad ick
babycat
11:12
@BulbasaurNoLikeCardio: people are saying this has been a pattern with them
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