Question

Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?

A Aggregate Limits Correct Answer Incorrect Answer
B Contract Correct Answer Incorrect Answer
C Risk Agreement Correct Answer Incorrect Answer
D Warranty Correct Answer Incorrect Answer

Solution

Once an insurance company has paid up to the limit, it will pay no more during that year is known as Aggregate Limits.

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