Endorsements

Aggregate deductible wording and examples

Aggregate deductible endorsements apply one scheduled retained amount across covered losses, coverage parts, or locations before the insurer pays beyond the deductible. An aggregate deductible can limit the total deductibles an insured pays over a period, with terms that vary by form.

Coverage classification

Form type
Endorsements

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Aggregate deductible forms compared by Intent, Coverage context, Notable terms
FormIntentCoverage contextNotable terms

Benchmark Insurance Company

Aggregate Deductible Endorsement

AMER-IL-CW-0003 (07 26)

Multiple Commercial Coverages

Sets an aggregate deductible across selected coverage forms.Can apply to scheduled commercial auto, general liability, crime, output and property coverage forms.After the aggregate is incurred, deductibles change to the scheduled maintenance deductible.

Sentry Insurance a Mutual Company

Annual Aggregate Deductible Bodily Injury and Property Damage Liability

IL 80 79 01 26

Commercial Auto and General Liability

Sets an annual maximum for deductibles applying to bodily injury and property damage.Identifies specified general liability, products-completed operations and auto liability coverages.Applies to bodily injury and property damage occurring during the policy period.

Notable clauses

“the deductibles applicable to each coverage form will be changed to the amount shown as the maintenance deductible”

Benchmark Insurance Company · Aggregate Deductible Endorsement · AMER-IL-CW-0003 (07 26)

Maintenance deductible. The scheduled maintenance deductible applies after the aggregate deductible has been incurred.

“occurring during the policy period”

Sentry Insurance a Mutual Company · Annual Aggregate Deductible Bodily Injury and Property Damage Liability · IL 80 79 01 26

Policy period. The annual aggregate addresses deductibles for qualifying injury and damage occurring in the policy period.

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