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246 months ago

Birgit Chengab (a guest user) asked this question:

Language pair:

English > German

Subject:

Law / Certificates

Level of diffculty:

Easy / medium

Word or term in question:

diminishing limits policy

Context:

... the amount remaining from

Keywords:

Schadensersatzklage im amerik.

 

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Complete list of answers and comments

246 months ago

  See profile wrote:

Grundsatz zur Minderung der Deckungssumme

My comment:

Diminishing limits policy: where liability coverage diminishes as expenses of defense are incurred.

My references:

www.abanet.org/genpractice/ magazine/aprilmay2003/towery.html

The asker rated this answer best