In this policy, what do you see for ALE limits?
Carrier states “All first party coverage, which includes the Additional Living Expense Coverage, falls under the blanket property coverage limit of $1,900,000.00, found on page 2 of the document provded.”
The Dec page shows no mention of an ALE limit, and under Additional Living Expenses pg 21 of the pdf or pg 13 of 28 there is no reference to a limit for ALE.
I can’t find a limit on ALE anywhere and ALE isn’t property. How do I determine the limit for ALE?
Iowa Subscriber
ALE limits generally aren't shown in the policy language, but are in the underwriting guidelines. In the ISO forms manual, it shows that Coverage B is 10% of Coverage A, Coverage C is 50% of Coverage A, and Coverage D, which includes ALE, is 30% of Coverage A. Since your policy is not an ISO policy, I would ask underwriting what the coverage amount is. Claims should be familiar with the limits as well.