Insurance

Совокупный лимит

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

Совокупный лимит 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 Совокупный лимит?

In this glossary, Совокупный лимит 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 Совокупный лимит used in finance?

In finance communication, this term appears in contexts such as: "После достижения совокупного лимита страховщик больше не обязан выплачивать дополнительные убытки в тот же страховой период."

Why does Совокупный лимит matter in finance?

Совокупный лимит 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 Совокупный лимит?

Совокупный лимит is mainly used by Financial Analysts, Bankers, and Traders.

What category does Совокупный лимит belong to?

In this glossary, Совокупный лимит 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

Совокупный лимит

Localized example

После достижения совокупного лимита страховщик больше не обязан выплачивать дополнительные убытки в тот же страховой период.

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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