Definition
Sublimit
A sublimit is a lower ceiling that applies to a specific cover or type of loss, within the overall sum insured. Example: a €200,000 home policy may carry a €3,000 sublimit for jewellery. Even when the overall limit is high, that particular claim is capped at the sublimit.
Also known as: Inner limit
A sublimit is one of the most common reasons a payout comes out smaller than expected. Two policies with the same 'sum insured' can pay very differently if one carries strict sublimits per category — for theft, for cash, for a single item, or, in health, per day of hospitalisation or per procedure. A sublimit is not an exclusion: the loss is covered, but only up to a lower amount.
In your own policy, sublimits usually appear in the schedule of cover next to each cover — look for phrases like «έως», «μέχρι», «ανώτατο όριο ανά…» or «υποόριο». PolicyWallet surfaces the sublimits per cover in your document, so you can see where your real protection is lower than the overall limit.
Upload your policy — free analysisFrequently asked questions
Is a sublimit the same as the sum insured?
No. The sum insured is the overall ceiling; a sublimit is a lower cap on a specific cover within it.
Where do I most often meet sublimits?
In health (e.g. room & board per day, specific procedures) and home (jewellery, cash, a single item).
Related
Educational content, not insurance advice. PolicyWallet explains what the term means and helps you find it in your own document — it does not assert what your policy covers.