Umbrella Policy Limits

From The Original Insurance Wiki

Coverage is typically intended to provide increases limits of coverage over the limits provided by the scheduled underlying insurance or a self insured retention.

Describes the maximum limit(s) available in any one policy year for all claims paid under the policy.

Aggregate Limits per location grants a separate general aggregate limit to each location.

Aggregate Limits per job site (or per project) grants a separate general aggregate limit to each job site (or per project).