THE INSURANCE CONTRACT - Coverage provisions and exclusion clauses - Policy limits

Law360 Canada (August 25, 2022, 5:25 AM EDT) -- Appeal by the insurer from an application judge’s interpretation of a limit of liability clause in the parties’ insurance policy. The respondents operated seven daycare centres. They made a claim for business losses under the pandemic coverage provision of their insurance policy with the appellant resulting from the closure of their centres from March 17, 2020 to June 22, 2020 due to the COVID-19 pandemic. The endorsement included a $50,000 per policy period limit of liability clause. The clause referred to the scheduled risk location and included seven separate schedules, one for each location. The application judge found the limit of liability clause was ambiguous. She concluded that, properly interpreted, the clause provided coverage of $50,000 on a per location basis....
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