When will the CGL aggregate limits be reinstated in full if claims - ProProfs Discuss
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When will the CGL aggregate limits be reinstated in full if claims that are paid by general liability coverage are charged against the aggregate policy limits and reduce the amount of insurance remaining to pay future claims?



A. If there are more than five claims during a policy period.
B. On the next policy anniversary date.
C. If the insured pays an extra premium for reinstatement.
D. As soon as the aggregate is actually exhausted.

This question is part of Practise Exam 1
Asked by Wyatt Williams, Last updated: Jan 07, 2020

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1 Answer

John Smith

John Smith

Answered Feb 02, 2017

On the next policy anniversary date.

Claims paid under general liability coverage are charged against the applicable aggregate policy limits and reduce the amount of insurance remaining to...Read More
 

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