Annual Aggregate Limit definition
Examples of Annual Aggregate Limit in a sentence
The Policy shall provide for coverage in amounts not less than the following: (i) General Annual Aggregate Limit (other than Products/Completed Operations) of two million dollars ($2,000,000); (ii) Products/Completed Operations Aggregate Limit of two million dollars ($2,000,000); (iii) Personal Injury Limit one million dollars ($1,000,000); and (iv) Each Occurrence one million dollars ($1,000,000).
There shall be an annual aggregate limit for the Named Insured as respects all Designated Named Windstorm Occurrences taking place during any calendar year equal to the Designated Named Windstorm Annual Aggregate Limit.
Annual Aggregate Limit Policy - not less than $1 million plus agreement that vendor will purchase additional insurance to replenish the limit to $1 million if claims reduce the annual aggregate below $600,000.
The limits of liability shall be at least as follows: Combined Bodily Injury and Property Damage liability: $1,000,000 Combined Annual Aggregate Limit: $2,000,000 The Contractor shall name the City of ▇▇▇▇▇▇▇ as “Additional Insured” by endorsement for Products and Completed Operations.
If an Annual Aggregate Limit is specified in the “Declaration Page” with respect to this endorsement, the stated limit is the maximum payable by the Insurer in each “annual period”.