Sub-limit
A sub-limit is a maximum amount a policy reimburses for a given category, such as jewelry, art, or bikes, even when the overall coverage is higher. A high-value item may be only partly covered without a rider.
A sub-limit is a maximum amount a policy reimburses for a given category, such as jewelry, art, or bikes, even when the overall coverage is higher. A high-value item may be only partly covered without a rider.