limitation of liability vs limit of liability

Both 'limitation of liability' and 'limit of liability' are correct phrases, but they are used in slightly different contexts. 'Limitation of liability' is commonly used in legal documents to specify the extent to which a party's liability is restricted, while 'limit of liability' is more commonly used in insurance policies to indicate the maximum amount an insurer will pay for a claim.

Last updated: March 30, 2024

limitation of liability

This phrase is correct and commonly used in legal contexts to specify the extent to which a party's liability is restricted.

This phrase is typically used in legal documents to define the boundaries of liability for a party involved in a contract or agreement.

Alternatives:

liability limitation
restriction of liability
liability cap

limit of liability

This phrase is correct and commonly used in insurance policies to indicate the maximum amount an insurer will pay for a claim.

This phrase is often found in insurance contracts to specify the highest amount an insurance company will pay for a covered loss or claim.

Alternatives:

liability limit
maximum liability
coverage limit

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limitation of liability vs limit of liability