This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The General Aggregate is the master limit for most CGL claims within a policy period.

- Products-Completed Operations has its own separate aggregate limit for off-premises claims arising from your work or products.

- The Each Occurrence limit is the maximum paid for a single event, but it is still subject to the overall aggregate caps.

- Sub-limits like Medical Payments and Damage to Premises Rented to You have their own specific caps and reduce the General Aggregate.

- Exam questions often test your ability to track how claim payments reduce the aggregate limits over the policy term.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep