Insurance terms glossary.
A B C D E F G H I J L M N O P R S W Y
GA GE GR

General Aggregate

"The maximum limit payable for claims that occur under specified coverages during the policy period.

The highest amount an insured can recover under the ISO commercial general liability coverage forms for coverages A, B, and C. It excludes claims falling under the "products-completed operations hazard" provision.
products-completed operations insurance
Coverage against loss arising out of the liability of a manufacturer, merchant or distributor for injury or damage resulting from the use of a product; product liability coverage when part of a commercial general liability policy. Coverage also includes liability incurred by a contractor as the result of improperly performed work (construction or installation) after a job has been completed. This coverage can be included in the ISO commercial general liability policy under coverage Part A.
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