What Does Aggregate Limits Reinstatement Mean?

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What does Aggregate Limits Reinstatement mean? Read on to discover the definition & meaning of the term Aggregate Limits Reinstatement - to help you better understand the language used in insurance policies.

Aggregate Limits Reinstatement

Aggregate Limits Reinstatement

A clause contained in the extended reporting provisions of some claims-made policies that reinstates for the term of the extended reporting period (ERP) the original policy limits of liability if they have been reduced or impaired by the payment of claims or by the setting of claim reserves.

We hope the you have a better understanding of the meaning of Aggregate Limits Reinstatement.

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