Block Limit

Block Limit

The maximum amount of money an insurance company will pay out in claims on all policies on a city block. That is, the limit on all policies that a company underwrites on a certain block cannot exceed the block limit. It is a type of blanket limit.
References in periodicals archive ?
Tenders are invited for Contact Block Limit Switch Inoplusinc Make:Bch.
Tenders are invited for Improvements of the road from Madagupatti Alagamanagari road to Lakshmipuram road in Sivagangai Block and Solapuram to Karungalakudi road upto Block Limit in Sivagangai Block in Package No 1.
Emissions are higher but the Ingenium block limits them to 134g/km for the five-door auto while average fuel consumption is a useful 55.
Third-degree heart block limits the heart's ability to pump blood throughout the body, and can also cause fatigue and fainting.
The small size of the block limits the size of the tissue to 1.