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You are correct xob. "Out of pocket" and "lifetime limits" are two separate things.
OOP= max that the insured pays per year. Typically $5000.
LL= Maximum the insurance Co. will pay out over the lifetime of the policy or the insured. Typically $1-5 million.
One insured that I am aware of is already well over 2 million with a limit of 3. Not a good situation.
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"like strapping a pillow on a bull in a china shop" Bullitt
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