CGL Limits

Question 1

Aggregate Limit

Answer 1

Most an insurer will pay during a policy period - no more claims paid plus no more legal defense
- Limits restored when policy is renewed

Question 2

General Aggregate Limit

Answer 2

• Most an insurer will pay for coverage A, B and C combined during the term of the policy

Question 3

Each Occurrence Limits

Answer 3

• Most an insurer will pay for a single occurrence one person’s claim
• Most per occurrence - regardless of number of people injured or number of claims

Question 4

Sub Limits Can Also Exist

Answer 4

• Max under Coverage A
• Max Under Coverage B
• Max under coverage C
  Subject to each occurrence limit as well as reduce the general aggregate limit