For all other claims arising from the same occurrence, coverage is up to how much?

For all other claims arising from the same occurrence, coverage is up to how much?

• A. $100,000
• B. $1,000,000
• C. $300,000
• D. $50,000

Answer: (C)

When a single event leads to multiple claims, the insurer limits the total payout for all claims from that event with the per-occurrence limit. That means the entire incident is capped at that one amount, regardless of how many claimants there are. If the policy provides a per-occurrence limit of 300,000 for all other claims arising from the same occurrence, then the maximum the insurer will pay for those additional claims from that incident is 300,000. This cap is the amount that applies specifically to that event, and anything beyond it would not be covered under that occurrence unless other coverage applies.

When a single event leads to multiple claims, the insurer limits the total payout for all claims from that event with the per-occurrence limit. That means the entire incident is capped at that one amount, regardless of how many claimants there are. If the policy provides a per-occurrence limit of 300,000 for all other claims arising from the same occurrence, then the maximum the insurer will pay for those additional claims from that incident is 300,000. This cap is the amount that applies specifically to that event, and anything beyond it would not be covered under that occurrence unless other coverage applies.