Which of the following statements about the aggregate policy limit in a Commercial General Liability policy is OA It is set by the insurer after a claim It is the maximum amount payable for all claims under the policy OC It is negotiated at the time of a 168 It is adjusted for inflation Recording

Which of the following statements about the aggregate policy limit in a Commercial General Liability policy is OA It is set by the insurer after a claim It is the maximum amount payable for all claims under the policy OC It is negotiated at the time of a 168 It is adjusted for inflation Recording

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which of the following statements about the aggregate policy limit in a Commercial General Liability policy is
OA
It is set by the insurer after a claim
It is the maximum amount payable for all claims under the policy
OC It is negotiated at the time of a 168
It is adjusted for inflation
Recording

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