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.
Electronic auction: perform work on the construction of the facility: "gas supply of residential buildings in the block limited to mekhanicheskaya street, chgres, malysheva street, k.
* 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.
$400,000 - Town of Springfield Woolson Block: Deferred Loan to Woolson Block Limited Partnership, formed by Springfield Housing Authority and Housing Vermont, for the redevelopment of the Woolson Block into 21 affordable apartments and 3,400 SF of commercial space.