Put in another way, if what you say is true for twenty years, tai chi is useless as a combat art. In that twenty years, the boxer can defend himself. And when that twenty years is up, the tai chi student can only defend himself against people who have worn-out bodies.
Definition - What does Environmental Impairment Liability Insurance (EIL) mean? Environmental impairment liability insurance (EIL) is insurance coverage for liabilities associated with environmental damage or pollution. Companies that may be at risk for losses associated with pollution often purchase these policies.
What is 'Aggregate Limit Of Liability' The aggregate limit of liability is the most an insurer is obligated to pay to an insured party during a specified period. The aggregate limit of liability is spelled out in the insurance contract and caps the amount of covered losses for which an insurer will pay. These limits are part of commercial and professional general liability insurance policies. BREAKING DOWN 'Aggregate Limit Of Liability' Insurance policies limit not only how much they will pay for a single incident, but the aggregate limit of liability is the limit for the entire policy term, which is typically one year.