In a BOP, the General Aggregate Limit is:

In a Businessowners Policy (BOP), the General Aggregate Limit represents the maximum amount the insurer will pay for all covered losses during a policy period, except for those amounts specifically stated to be subject to separate limits, such as individual per occurrence limits.

This aggregate limit is generally set at twice the per occurrence limit. The rationale behind this is to provide coverage for multiple claims that might arise out of a single occurrence and to ensure that the insured has a sufficient limit to cover a variety of claims that might occur over the policy period. This structure helps businesses mitigate risk, as it allows for a higher total payout limit while ensuring that the payouts for any single incident remain capped at the per occurrence limit.

Understanding this structure is crucial for making informed decisions about coverage needs and recognizing the financial protections within a BOP policy.