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Old 01-09-2009, 10:18 AM
h2o h2o is offline
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Default Aggregate Limit
What is an "aggregate limit" and why is this important to the surety company?
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Old 01-13-2009, 09:49 AM
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Default Aggregate Limit
An aggregate limit is part of the bond language that means should claims be filed against the principle holder of a surety bond - the amount of payment(s) cannot exceed the dollar amount of the bond.
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