Qu'est-ce que Limite de Garantie ?
Limite de Garantie The maximum amount an insurer will pay for a covered loss under an insurance policy, as specified in the contract terms and conditions.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Limite de Garantie” Used in Practice?
Si les dommages dépassent la limite de garantie, l’assuré est responsable du montant excédentaire.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Qu'est-ce que Limite de Garantie ?
The maximum amount an insurer will pay for a covered loss under an insurance policy, as specified in the contract terms and conditions.
Where can I learn this term for free?
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