aggregate product liability limit

Definition

The maximum amount an insurance company will pay out to a policy holder of product liability insurance coverage, regardless of the amount of claims made during the effective period.

Related Videos




http://www.businessdictionary.com/definition/aggregate-product-liability-limit.html

Today's Top Bulls

73% Bullish
(95 Votes)
70% Bullish
(70 Votes)
69% Bullish
(49 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z