What does in-force policy limit aggregate mean?

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Total Tisk Exposure One Insurers total liability of a series of policies owned by the same Individual or Company
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What does aggregate mean?

There are several explanations. In botany it refers to floretscollected in a dense cluster, such as in a daisy. In geology it isa mixture of minerals separated by mechanical means. In medicalterms it means crowded or massed into a dense cluster.

What is Homeowners insurance stated aggregate limit?

Aggregate limits general are referring to the liability portion of the policy, the aggregate limit is a pre-determined dollar amount up to which an insurance policy will cover an insured per year or policy period or accident. As an example, your limit is 100k per person 300k per accident/loss, and 5 ( Full Answer )

How do you get the aggregate working load limit for a commercial motor vehicles?

"Answer . I've never heard of an aggregate working load limit for a vehicle.. The only place that term is used in the Federal Motor Carrier Safety Administration Reglations is in the load securement section.. If that is what you meant, it's pretty simple. Most tiedowns and chains should be mark ( Full Answer )

What is aggregate?

Ans: Aggregate is the component of a composite material used to resist compressive stress OR 1. Forming a total. Gathering from various sources and considering as a whole. 2. Geology. rock fragments used in construction, ie. mixed with cement. (gravel) ____________________________________________ ( Full Answer )

What does aggregate loan limit mean?

Aggregate loan limit is the max amount you can take out in student loans. It's like a credit card, if you max out the card, you have to pay down the principle balance before you can use that card again.

What does 5C on your gold ring mean?

A gold ring will have the gold content inscribed inside. It mayalso have the manufacturer's mark inside. 5C would be themanufacturer's mark.

What industrial policy in Cheung Kong limited?

OSC Rule 61-501 Insider Bids, Issuer Bids, Buisness Combinations and Related Party Transactions, ss. 4.2, 9.1. States: " In the matter of securities legislation of Quebec and Ontario and in The Mutual Reliance Review System For Exemptive Relief Applications and in The Matter of the Potential Take-O ( Full Answer )

What does policies mean?

Policies are a rule or law that you have to follow, by a person incharge. Kind of like an HBC.

What are the 5Cs of credit?

5 C's of Credit refer to the factors that lenders of money evaluate to determine credit worthiness of a borrower. They are the following:. 1. Borrower's CHARACTER. 2. Borrower's CAPACITY to repay the loan. 3. COLLATERAL or security/guarantee for the obligation. 4. Borrower's CAPITAL (business ne ( Full Answer )

What does aggregate mean in soccer?

This only happens in a tournament.. Aggregate is about the scores.. If Arsenal scores 1 and Liverpool 2 at Arsenal's home,. and Arsenal scores 1 and Liverpool scores 0 at Liverpool's home,. Liverpool goes to the next round because Liverpool scored two at Arsenal's home.. Away goals worth twice ( Full Answer )

What does aggregated vehicular homicide mean?

Aggravated vehicular homicide is causing purposeful death with aautomobile. It often carries stiff prison terms and probationaryterms and penalties.

What does Aggregated sentence mean?

An aggregated sentence is one that is a cluster of words. It doesnot make sense and it is not formed properly.

What is defense costs outside the aggregate limit of liability?

The insurance company will pay for the cost of defending a claim made against the insured. The cost of the lawyers will be paid for on top of whatever limit of insurance the insured has paid for. ie if the insured bought cover of £1m and he was sued for £1m then the insurance company will pay ( Full Answer )

What does policy mean?

1. A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters: American foreign policy; the company's personnel policy. . 2. . a. A course of action, guiding principle, or procedure considered expedien ( Full Answer )

What is General Aggregate limit?

On a general liability policy, the general aggregate is the highest amount that will be paid out in a policy period no matter how many claims. For example, you may have a $1 million per occurrence limit which would mean with a $2 million aggregate, you could theoretically have (2) $1 million claims. ( Full Answer )

What is the meaning of 'aggregate' in terms of weight?

Aggregate is a process of combining separate objects to make one object or mass. A house, as an example is an aggregate of wood, insulation, nails, shingles, etc. The whole mass is considered a house, workshop, utility shed, or even garage.. Aggregate weight would be the overall weight of combini ( Full Answer )

What does Aggregate mean in general liability?

In a insurance policy, the limit of liability is often expressed as a value per occurrence and a separate value as an aggregate limit. The policy will pay no more than the per occurrence limit for each covered occurrence Further, the pay no more than the aggregate limit for all claims during the pol ( Full Answer )

What does aggregate concept mean?

Under the aggregate concept, a partnership is perceived as being nothing more than a collection of the rights and responsibilities of the individual partners. This is evidenced by the fact that the individual partners are assumed jointly liable for all the debts and obligations of the partnership.

What does 5c stand for?

The Iphone 5C is Iphone 5Colorful 5c can also stand for thenumber 500 ("c" is the Roman numeral for 100) or for 5 degreesCelsius (centigrade) . +++ . "5c" can not stand for any Roman numerals forthree reasons. For a start you do not mix Arabic and Roman numeralslike that - it would be nonsensica ( Full Answer )

What are the limitations of commercial policy?

The limitations of commercial policy is that it places restrictionson international trade. The taxes levied could also be exorbitantand thus making the international trade almost impossible.

What is the policy provision called that limits the time a policy can be contested?

its usually called something along the lines of a contestability period. this usually refers to the time period that the insured can contest a denial of claim. or the period of time that the company has to contest previously paid claims or faulty info on the application. it really just depends on th ( Full Answer )

What does the aggregate mean in aggregate planning?

In aggregate planning, you look at things from a far point of view. In other words, looking at the big picture of the whole plant. Not caring about the small details, such as a particular product , a particular worker or where this worker is assigned. You can take the an average for products, if ( Full Answer )

What does mean aggregate?

An aggregate (noun) is the sum or whole amount. To aggregate (verb) is to collect or amount together.

Do both monetary policy and fiscal policy shift the aggregate demand curve?

Yes. An expansionary fiscal policy, or more optimistic growth expectations in the private sector will shift the aggregate demand (AD) curve upwards. The position of the AD curve is also affected by the central bank's inflation target, if the target falls, the AD curve will shift downwards. Monetary ( Full Answer )

What does Aggregate marginal willingness to pay mean?

An aggregate demand curve is derived from the principle of diminishing marginal utility and it shows the amount of a good (or service) consumers would buy at different prices over some time period. Diminishing marginal utility implies that as the number of units consumed increases, the willingness t ( Full Answer )

What is the force exerted on the -4 C by the plus 5C charge?

-4c charge can make the exerted force go on another object such as the 5c positive charge. because wen u multiply em' they make a similarity between them such as -4c+5c which equals to -c or -1c (same thing):)

How do you determine policy limits on a HO 6 policy?

The simple answer to the question as phrased is that the policy limits will normally be stated on the Declarations Page of the policy. The policy limits reflect the maximum that the insurer is obliged to pay for the various categories of losses covered by the policy, assuming that the coverage appli ( Full Answer )

Does the general aggregate limit apply to products-completed operations?

Your general liability policy contains three separate limits. A per occurrence limit (Max paid out for any one occurrence) Aggregate (Max pay out for multiple policies on claim) Products and completed ops aggregate (Can reduce amount paid forproduct or operations claims, to below the other aggreg ( Full Answer )

What are the limits to fiscal policy?

The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.

What happens when you reach your aggregate student loan limit?

You could possibly ask your school to send your loan servicing company a reaffirmation letter so that you will be able to get more money. The process is that the school sends them the letter. The servicing company then sends you a letter to sign where you state that you promise to pay back the money ( Full Answer )

What does aggregate mean in a truck term?

It mean the total weight of the cargo. Example if your total gross weight was 80, 000 pounds and your truck and trailer weighs 40,000 pounds empty, your aggregate weight is 40,000 pounds.

What do you mean by aggregate percentage of marks?

For e.g:if they asked 60% aggregate than see simply understand aggregate means what ever your academic in those academic marks must and should have 60% don't calculate like all the academic and divide by the numbers.one line answer must and should have 60% in all academic.

What is accumulation limit on a group Personal accident policy mean?

Known accumulation limit refers to a maximum exposure the Insurer will be liable to pay the insured in case of an event that is covered under a GPA policy. This cushions the insurer or the re insurer for instance in case of an accident leading to accident to many subjects insured.

What is 5c in milliliters?

5cc? cc means cubic centimetres which is equal to ml, so 5ml. if you mean cl, then that is equal to 50ml

What does aggregate audio device mean?

An aggregate audio device can be created in OS X that combines the inputs and outputs of different audio hardware to appear as one device. Most software is only compatible with one device at a time, and the Aggregate Device editor will allow you to combine hardware inputs and outputs to access all t ( Full Answer )

What is the dictionary meaning of aggregation?

The dictionary meaning of aggregation is putting together separate pieces to form a whole entity. Aggregation is combining many elements to create a total.

What is the meaning of aggregate demand?

Aggregate demand is defined as the total demand for goods and services at a certain price level during a a specific time period. This may be referring to Gross Domestic Product of a country or a single company.

What does the c in iPhone 5c mean?

Some people say that the 'c' stands for cheap, because the iPhone 5is made out of plastic (polycarbonate frame reinforced with steel).There is no answer to what the 'c' means but it is presumed that itmeans colour because the 5c comes in 5 colors.

What does policy means?

The official definition of the word policy is "a course orprinciple of action adopted or proposed by a government, party,business, or individual."

What are the best liability policy limits?

You should visit any online insurance broking company like that ofGreenlife insurance broking limited. Visit gibl(.)in and you canthere compare between different liability policy and can save a lotof money.

What does aggregate means in European Soccer?

Winning on aggregate happens when two clubs play each other twice(usually because of a draw in a knockout match). The total amountof goals for the two matches determines the winner.

What is policy meaning?

a set of ideas or plans of what to do in particular situations thathas been agreed to officially by a group of people, a businessorganisation, government or political party