liability limit, limit of liability, limit of insurance
the maximum amount an insurance company agrees to pay for an insured risk, the most that will be paid by the insurer in the event of a covered loss under an insurance policy, the maximum amount that can be paid according to a contract of indemnity, the maximum amount of coverage that an insurance company will provide on a single claim under an insurance policy, kindlustuslepingus kokku lepitud kindlustushüvitise väljamaksmise ülempiir, mis on määratud nt kindlustatud eseme, kindlustuskaitse või kindlustusjuhtumi kohta
