Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Wouldn’t the underlying coverage continue to respond to claims throughout the policy year?

April 26, 2017Continue coverage policy respond underlying year

0

10 Posted

Wouldn’t the underlying coverage continue to respond to claims throughout the policy year?

1 Answer

0

10 Posted

Commercial general liability (CGL) policies contain an aggregate limit provision, meaning that once the limit is exhausted by the payment of claims, no coverage remains under the policy.