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Discover Ludwig"policy limit" is a correct and usable phrase in written English.
It is commonly used in insurance and legal contexts to refer to the maximum amount of coverage or liability specified in an insurance policy or legal agreement. Example: The policy limit for medical expenses in this insurance plan is $100,000.
Exact(23)
Restrictions on fiscal policy limit the ability of governments to stimulate growth by borrowing and spending.
The two dozen insurance companies involved have said they are obligated to pay only the policy limit: $3.5 billion.
The city is seeking millions from TWIA, including up to $3 million, the policy limit, to repair City Hall.
Swiss Re and almost two dozen other insurers contend that he is entitled to no more than the $3.55 billion policy limit.
Mr. Silverstein, they said, was entitled to one payment for the occurrence, of no more than $1.1 billion, the policy limit per occurrence.
The insurers, two dozen in all, contend that Mr. Silverstein is entitled to no more than the policy limit, $3.55 billion.
Similar(34)
For instance, a new policy limiting officers' use of force was begun in February 2001, he said.
He said that the no-purchase policy limited the car's appeal.
Don't you look at your policy limits when you buy other insurance (auto)?
But China has no such policy limiting which agencies or individuals can publicly address currency issues.
For all its flaws, Japanese policy limited and contained the damage from a financial bust.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com