The yearly maximum that a policy will cover, regardless of how many claims are made.
***
Maximum amount payable under an Insurance Policy for all losses occurring within a particular calendar or fiscal year.
***
See: Annual Aggregate Deductible.
The Rantings of the barely human.
The yearly maximum that a policy will cover, regardless of how many claims are made.
***
Maximum amount payable under an Insurance Policy for all losses occurring within a particular calendar or fiscal year.
***
See: Annual Aggregate Deductible.