Policy limits are the maximum dollar amounts that will be paid under the policy.

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Policy limits determine the maximum amount of money that an insurance company will pay out on a particular policy. These limits can vary depending on the type of policy and the specific coverage that is being offered. It is important for policyholders to understand their policy limits and to make sure that they have adequate coverage to protect themselves in case of an unexpected event.

Policy Limits Are the Maximum Dollar Amounts That Will Be