A policy with separately stated dollar limits for different types of coverage. Bodily injury liability coverage is also usually split into a maximum payment per person and a maximum payment per accident. (For example, an automobile liability policy of 50/100/25 provides a maximum of $50,000 bodily injury coverage per person, $100,000 bodily injury coverage per accident, and a property damage limit of $25,000 per accident.) Compare ‘single-limit insurance.’