Insurance

Batas Agregat

The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.

Quick answer: The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.

This term page is part of the Protermify Finance glossary and is published as static HTML for fast indexing and clear language coverage.

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Quick answer

The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.

Why it matters

Batas Agregat matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is Batas Agregat?

In this glossary, Batas Agregat refers to: The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.

How is Batas Agregat used in finance?

In finance communication, this term appears in contexts such as: "Setelah batas agregat tercapai, perusahaan asuransi tidak berkewajiban membayar klaim tambahan dalam periode polis yang sama."

Why does Batas Agregat matter in finance?

Batas Agregat matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses Batas Agregat?

Batas Agregat is mainly used by Financial Analysts, Bankers, and Traders.

What category does Batas Agregat belong to?

In this glossary, Batas Agregat is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.

Operational example

Once the aggregate limit is reached, the insurer is no longer obligated to pay additional claims within the same policy period.

Localized term

Batas Agregat

Localized example

Setelah batas agregat tercapai, perusahaan asuransi tidak berkewajiban membayar klaim tambahan dalam periode polis yang sama.

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Insurance

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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