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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
* LIMIT1
block limits a signal at the level [+ or -] 1;
Even with greater possession, more corners and more time spent in the opposition third, the 8-9 Albion defensive
block limited Boro's options.
Emissions are higher but the Ingenium
block limits them to 134g/km for the five-door auto while average fuel consumption is a useful 55.3mpg.
Third-degree heart
block limits the heart's ability to pump blood throughout the body, and can also cause fatigue and fainting.
Lord Beecham led a successful attempt to
block limited "but equally misplaced" plans to reform police authorities under the last Labour Government.
The small size of the
block limits the size of the tissue to 1.0 cm or less.
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