liability limit

liability limit. Insurance. The maximum amount of coverage that an insurance company will provide on a single claim under an insurance policy. — Also termed limit of liability; policy limits. [Cases: Insurance 2105. C.J.S. Insurance § 420.]
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译者Stephen,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与国际环境保护法规相关的法律文件。
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