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Topical Terminology > Annual Aggregate Limit



1 Definition

Annual Aggregate Limit

For Annual Aggregate Limit we have a term and definition in Health Insurance.



Annual Aggregate Limit (Health Insurance)

For claims-made carriers, the annual aggregate limit is the maximum amount the carrier will pay for all claims arising from incidents that occurred and were reported during a given policy year. For occurrence carriers, the annual aggregate limit refers to the maximum amount the carrier will pay for all claims arising from incidents that occurred during a given year of insurance.




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