Inner limit insurance term what does it mean?

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1108145

2026-02-27 09:30

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The inner limit in an insurance policy refers to the minimum amount of coverage that an insurer will provide for a specific type of loss or claim. It acts as a threshold that must be met before the insurer will begin to pay out benefits. This limit ensures that the insured party retains some level of financial responsibility for smaller losses, while the insurer covers larger claims beyond this threshold.

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