NON-STACKING OF LIMITS

09:29 Nov 2, 2020
English to Slovak translations [Non-PRO]
Bus/Financial - Finance (general) / Insurance policy
English term or phrase: NON-STACKING OF LIMITS
a part of a endorsement to the policy
Eva Kacerova
Slovakia
Local time: 12:43


Summary of answers provided
4nezoskupenie/nesčítanie medzí/limitov
Ivan Šimerka


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
non-stacking of limits
nezoskupenie/nesčítanie medzí/limitov


Explanation:
When you stack your limits, the insurance company is exposed to the amount of your liability limit multiplied by the number of vehicles on your policy. Choosing to stack your limits provides the advantage of increasing the amount of bodily injury coverage available to you.
Keď zoskupíte (posčítate) svoje limity, vystaví sa poisťovňa výške vášho limitu zodpovednosti vynásobenému počtom vozidiel, na ktoré sa vzťahuje vaša poistná zmluva. Ak sa rozhodnete zoskupiť svoje limity, máte výhodu v tom, že zvyšujete dostupné krytie telesných poranení.


    Reference: http://www.mutualbenefitgroup.com/insurance-101/personal-ins...
    https://www.irmi.com/term/insurance-definitions/stacking
Ivan Šimerka
Czech Republic
Local time: 12:43
Works in field
Native speaker of: Native in CzechCzech
Notes to answerer
Asker: Ďakujem, veľmi mi to pomohlo.

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