What is the aggregate limit in a CGL policy?

• A. The maximum amount payable for BI/PD caused by a single occurrence.
• B. The maximum amount payable for BI/PD for the entire policy period.
• C. The deductible amount for the policy year.
• D. The maximum amount payable for Advertising Injury.

Answer: (B)

The aggregate limit is the total cap the insurer will pay for bodily injury and property damage claims over the entire policy period. This means all covered BI/PD claims from any number of events add up to one maximum amount for the year, regardless of how many incidents occur. In a CGL policy, you also have a per-occurrence limit that applies to a single event, but the aggregate sets the overall ceiling for BI/PD payments during the term. That’s why the correct statement is that the aggregate is the maximum payable for BI/PD for the entire policy period. Some policies also include separate aggregates for products-completed operations or advertising injury, but the general idea is the same: a total cap for the period.