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What’s the difference between the “Limit of Indemnity” and the “Aggregate Limit of Liability”?

April 26, 2017difference limit

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What’s the difference between the “Limit of Indemnity” and the “Aggregate Limit of Liability”?

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A. The “Limit of Indemnity” is the amount QBE will be liable for any one claim made during the period of insurance. The “Aggregate Limit of Liability” is the maximum QBE will be liable for, for all claims made under the policy during the period of insurance.