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What is aggregate limit?

aggregate limit
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What is aggregate limit?

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A14. Aggregate Limit usually refers to liability insurance and indicates the amount of coverage that the insured has under the contract for a specific period of time, usually the contract period, no matter how many separate accidents might occur.

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Category: glossary , Asked by: Colby M. From United States A: A casino’s total payout limit during any one game.

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