What is the definition of Per-occurrence limits? | Dictionary.net

PER-OCCURRENCE LIMITS

\pɜːɹəkˈɜːɹəns lˈɪmɪts], \pɜːɹəkˈɜːɹəns lˈɪmɪts], \p_ɜː_ɹ_ə_k_ˈɜː_ɹ_ə_n_s l_ˈɪ_m_ɪ_t_s]\

Definitions of PER-OCCURRENCE LIMITS

1910 - Black's Law Dictionary (2nd edition)

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A cap on the amount an insurance company pays under a policy for all claims arising from a single accident.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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