Enimmäiskorvaussumma

Enimmäiskorvaussumma, often translated as maximum compensation amount or maximum benefit, refers to the upper limit of what can be paid out in a specific insurance policy or benefit scheme. This limit is a crucial factor in insurance contracts, as it defines the financial exposure of the insurer and the maximum protection the policyholder can receive.

In various types of insurance, such as health, accident, or property insurance, the enimmäiskorvaussumma dictates the total amount the insurer will reimburse for covered losses. For instance, a health insurance policy might have an annual enimmäiskorvaussumma for specific treatments or for all covered expenses combined. Similarly, a car insurance policy might specify a maximum payout for damage to the vehicle or for liability claims.

The enimmäiskorvaussumma can be applied in different ways. It might be a per-occurrence limit, meaning the maximum payout for a single incident. Alternatively, it can be an aggregate limit, representing the total payout over the entire policy period. Policyholders are responsible for any costs exceeding the enimmäiskorvaussumma. Understanding this limit is vital for selecting appropriate coverage and managing financial risk. It is typically clearly stated in the insurance policy documents.