Insurance term
Aggregate Limit
The maximum total amount an insurance policy will pay for all covered claims during the policy period, no matter how many separate claims occur.
Example
A general liability policy might pay up to $1,000,000 per claim but no more than a $2,000,000 aggregate limit for the year.
Related coverage
General Liability Insurance
Shield your business from third-party claims and lawsuits.
Related terms
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