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

Per Occurrence Limit or Each Occurrence

"A sublimit in some liability policies that caps the payment for all claims that arise from a single incident. Under the commercial general liability policy, a per occurrence limit applies to coverage A (bodily injury and property damage liability) and coverage C (medical payments).
bodily injury and property damage liability.
Coverage Part A of the ISO commercial general liability policy, which combines both bodily injury and property damage in a single insuring agreement and limit of liability."
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