The phrase
"aggregate limit" refers to the maximum amount of something, such as money or resources, that is allowed or available within a specific period of time or for a particular purpose.
Full definition
A subsequent $ 50,000 claim in the same period results in another $ 25,000 payout and a reduced
aggregate limit of $ 50,000.
Avoid over borrowing: Just because you have a
maximum aggregate limit does not mean you should borrow up to that amount in loans.
With roommates on renters insurance for college students, the
total aggregate limit of the coverage does not change.
With roommates on renters insurance for college students, the total
aggregate limit of the coverage does not change.
A week after the U.S. Supreme Court stuck down overall
aggregate limits on campaign contributions, the three national Republican campaign committees have formed a new joint fundraising committee.
Because host liquor liability coverage is automatically included in Bodily Injury and Property Damage Liability Coverage, any damages or settlements the insurer pays for liquor - related claims will reduce the each occurrence and general
aggregate limits in the policy.
Capital Construction is insured under a primary general liability policy with an Each Occurrence limit of $ 1 million and a
General Aggregate limit of $ 2 million.
Dear Deepesh, In the FY 2014 - 15, you could have claimed the regular interest payment + Prior period interest amount first installment (interest amount paid for 11 - 12, 12 - 13 & 13 - 14, subject to
overall aggregate limit).
Its goal is to pass a constitutional amendment overturning the 2010 Citizens United Supreme Court decision, which deregulated corporate and union spending for or against specific candidates, and the 2014 decision in McCutcheon vs. FEC, which struck down two -
year aggregate limits on how much individuals can donate to candidates, parties and PACs.
Regulators have also scrapped an
existing aggregate limit of 300 billion yuan ($ 45.25 billion) on the Shanghai bourse, potentially paving the way for overseas investors to buy more Chinese stocks.
Good - government advocates fear this morning Supreme Court ruling could have wide - reaching effects for New York's
own aggregate limits on campaign contributions in a given election cycle.
The federal Supreme Court's 2014 ruling in McCutcheon v. FEC further exacerbated the situation by
removing aggregate limits on individual donations — in other words, the court ruled that caps could not be placed on individuals vis - à - vis the total amount of money given across - the - board to all candidates in a calendar year.
A private lender will have a maximum lifetime loan limit that can be provided to a student from their specific private loan program, but will also have a
separate aggregate limit to account for all other federal and private student loans that may have been applied for as well.
(The introduction of the Grad PLUS loan on July 1, 2006 and the increases in the annual but
not aggregate limits had only a modest impact on the growth of private student loan volume.
You can claim tax benefits on total interest paid (on 2nd loan) in this FY and principal component too under section 80c subject to
aggregate limit ie Rs 1.5 Lakh.
Lawyers should also be alert to the potential for erosion of
aggregate limits at the primary and excess level in the event a lawyer or firm faces a number of claims in the same policy period.
Because split limit insurance does not
consider aggregate limit liability — the total amount of coverage — if property damage you inflict is more than $ 30,000, it will be an expense you are personally responsible for.
Claims arising out of your products or completed work are subject to both the Each Occurrence limit and the Products - completed
Operations Aggregate limits in your policy.
The Court did not find the government's argument that
aggregate limits helped avoid corruption, as it could not explain how giving the maximum to 10 candidates did not cause corruption, but giving a penny more to another candidate would cause such corruption.
In addition to the Each Person limit, medical expenses are subject to both the Each Occurrence and the General
Aggregate limits in your liability policy.
Any damages or settlement your insurer pays as a result of the lawsuit will reduce both the Each Occurrence and the
General Aggregate limits in your policy.
The
maximum aggregate limit of assurance under all policies including policies with in - built Accident Benefit taken with Life Insurance Corporation of India under individual policies as well as group policies on the same life to which following benefits apply shall not in any event exceed Rs. 100 lakhs of Accident Benefit Sum Assured.
For example, if your
annual aggregate limit is $ 20 million, and you have claims totaling $ 25 million in a policy period, your insurance company will only pay up to the $ 20 million limit.
Broadly, NYPIRG notes the impact of the decision to suspend the state's $ 150,000
aggregate limit for contributions in an election cycle will have little impact, considering donors can skirt that through donations from a web of limited liability corporations.
The
overall aggregate limit (PPI + Regular interest) is still up to Rs 2 Lakh only (on Self - occupied Property) u / s 24.
New York is one of several states that have
aggregate limits on campaign spending, though a state - level court ruling tossed the cap and the state Attorney General Eric Schneiderman's office plans to appeal.
A student may borrow from several different lenders, but eventually they will reach a maximum
aggregate limit of all loans combined, and would no longer be eligible for additional private loans based on company policy.
For the purposes of FDIC insurance coverage limits, all depository assets of the account holder at the institution issuing the CD will generally be counted toward
the aggregate limit (usually $ 250,000) for each applicable category of account.
«However, it would seem unlikely this event tips it over the $ 2.05 billion
aggregate limit.»
Find out what the contribution limits are for 401 (k) retirement savings plans in 2017 - 18, including individual, employer and
aggregate limits.
In addition, Timber Lake Corp. has already given $ 18,000 in 2011, which is $ 13,000 over
the aggregate limit.
The U.S. Supreme Court earlier this year overturned
the aggregate limit a single donor can contribute to a candidate in an election cycle.
A national conservative group on Wednesday is threatening to file a lawsuit unless New York repeal
its aggregate limits on campaign contributions.
For supporters of public financing in New York, the concern is that the case, McCutcheon v. Federal Election Commission, could be imposed on New York should
its aggregate limits be challenged.
Money has always played an outsize role in political races, but its influence increased in 2014, when
an aggregate limit of $ 150,000 on individual donors was struck down in a court, paving the way for a single donor to give the $ 102,300 maximum to more party committees and, ultimately, embattled candidates.