An aggregate deductible is the limit deductiblea policyholder would be required to pay on claims during a given period of time. Aggregate deductibles are most likely to be featur… See more

The draw of an aggregate deductible policy feature is that it puts a cap on the amount the insured has to pay. Manufacturers purchase product liability insuranceto protect the… See more

For example, a canning company is notified that some of its products are making the consumers sick. The company’s per occurrence deductible is $10,000, but it also has a… See more

Aggregate deductibles are also used in family health insurance policies. Under an aggregate deductible family health insurance plan, the total family deductible must be pai… See more