aqgregado vigencia

English translation: aggregate limit

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:aqgregado vigencia
English translation:aggregate limit
Entered by: Tysson

00:18 Mar 31, 2011
Spanish to English translations [PRO]
Tech/Engineering - Energy / Power Generation
Spanish term or phrase: aqgregado vigencia
Es un contrato .........

RESPONSABILIDAD CIVIL: $ 5.000.000,00 todo y cada acontecimiento combinado bienes y personas y $ 10.000.000,00 agregado vigencia. Permitir otros seguros en exceso y/o también primarios e incluir Cláusula de RCC.

Gracias
Tysson
Argentina
Local time: 14:18
aggregate limit
Explanation:
In a insurance policy, the limit of liability</> is often expressed as a value per occurrence and a separate value as an aggregate limit.

The policy will pay no more than the per occurrence limit for each covered occurrence. Further, they pay no more than the aggregate limit for all claims during the policy period.

On an insurance policy it would often be expressed as
$1,000,000/$2,000,000 occurrence / aggregate
The numbers listed above could be replaced by any other number, however the aggregate limit will never be less than the per occurrence limit.

Read more: http://wiki.answers.com/Q/What_does_Aggregate_mean_in_genera...
Selected response from:

Jonathan Norris
United States
Local time: 10:18
Grading comment
Muchas Gracias Jonathan
4 KudoZ points were awarded for this answer



Summary of answers provided
4aggregate limit
Jonathan Norris


  

Answers


31 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
aggregate limit


Explanation:
In a insurance policy, the limit of liability</> is often expressed as a value per occurrence and a separate value as an aggregate limit.

The policy will pay no more than the per occurrence limit for each covered occurrence. Further, they pay no more than the aggregate limit for all claims during the policy period.

On an insurance policy it would often be expressed as
$1,000,000/$2,000,000 occurrence / aggregate
The numbers listed above could be replaced by any other number, however the aggregate limit will never be less than the per occurrence limit.

Read more: http://wiki.answers.com/Q/What_does_Aggregate_mean_in_genera...


    Reference: http://wiki.answers.com/Q/What_does_Aggregate_mean_in_genera...
Jonathan Norris
United States
Local time: 10:18
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Muchas Gracias Jonathan
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