What Does Designated Construction Project General Aggregate Limit Endorsement Mean?

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What does Designated Construction Project General Aggregate Limit Endorsement mean? Read on to discover the definition & meaning of the term Designated Construction Project General Aggregate Limit Endorsement - to help you better understand the language used in insurance policies.

Designated Construction Project General Aggregate Limit Endorsement

Designated Construction Project General Aggregate Limit Endorsement

Modifies a general liability insurance policy to provide that the general aggregate limit applies separately to designated construction projects. This enables a contractor to comply with contractual requirements to maintain a specified amount of insurance applicable to a specific project. This endorsement does not affect the policy's other limits, including the products -completed operations aggregate limit. (The Insurance Services Office, Inc. (ISO), version of this endorsement is endorsement CG 25 03.)

We hope the you have a better understanding of the meaning of Designated Construction Project General Aggregate Limit Endorsement.

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