Scheduled Limit | Insurance Glossary

Definition of "Scheduled limit"

Specified limit on the dollar amount of coverage for a given loss.

The rent a property commands in a free and open market setting. ...

Individual who has temporary rightful possession of another's property. The bailee often furnishes a ...

Rental in which the lessee obtains major property rights. Although not legally a purchase of propert ...

Coverage during the operation of a ship for: Property of Ship (ship's hull, tackle, passenger fitti ...

Adjoining. ...

Risk that premiums will not be sufficient to cover future incurred losses and that losses and loss a ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

An investment property is a property you purchase with the intension of using it as a rental income ...

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