MLchartDataset catalogue

Scheduled limits

Term · Insurance and risk management · MLC-T-INS-003024

Specific maximum amounts of coverage assigned to individual items or categories of property within an insurance policy. This contrasts with blanket coverage, where a single limit applies to all covered property. Scheduled limits are commonly used for high-value items like jewelry, fine art, or specific pieces of equipment, requiring a detailed inventory and appraisal.

Table 1. Record
IdentifierMLC-T-INS-003024
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003024",
  "term": "Scheduled limits",
  "field": "Insurance and risk management",
  "definition": "Specific maximum amounts of coverage assigned to individual items or categories of property within an insurance policy. This contrasts with blanket coverage, where a single limit applies to all covered property. Scheduled limits are commonly used for high-value items like jewelry, fine art, or specific pieces of equipment, requiring a detailed inventory and appraisal.",
  "url": "https://mlchart.com/terminology/insurance/scheduled-limits/"
}

Record 3,069 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.