What type of incidents does the General Aggregate Limit cover?

The General Aggregate Limit is designed to provide a cap on the total amount that an insurance policy will pay for all covered claims during a policy period, typically one year. This limit encompasses a wide range of damages that fall under the coverage of the insurance policy, thereby offering a broader protection.

This means that all damages covered by the policy, including personal injuries, property damage, and other liabilities, are included within this limit. Therefore, if a policyholder faces multiple claims—as long as they are covered under the policy—the total amount paid out for all claims will not exceed the General Aggregate Limit.

Other options, such as those focusing exclusively on personal injury claims, property damage, or product-related injuries, do not accurately reflect the comprehensive nature of the General Aggregate Limit, which is meant to cover all damages in total.