2.4.3. The Limits Sub-Clause

The optional limits sub-clause specifies policy occurrence limits and deductibles.

Examples:

100 xs 0
inf xs 100
750 xs 250
1 xs 1

• 100 xs 0 applies an occurrence limit of 100.

• inf xs 100 applies a deductible of 100 and no limit.

• 750 xs 250 is an excess layer, with limit 750 and deductible 250.

• 1 xs 1 is also an excess layer of 1 xs 1.

inf denotes infinity, for an unlimited layer. Both xs and x are acceptable.

Multiple layers can be entered at once using vectors.