Fly-By-Night Construction Company has a CGL policy with coverage dates of 03/01/11 to 03/01/12. The per occurrence limit is $500,000 and the general aggregate limit is $1,000,000. The maximum that can be paid during the policy period on the insured's behalf is:.

Fly-By-Night Construction Company has a CGL policy with coverage dates of 03/01/11 to 03/01/12. The per occurrence limit is $500,000 and the general aggregate limit is $1,000,000. The maximum that can be paid during the policy period on the insured's behalf is:.



$1,000,000.

$500,000.

$1,500,000.

$2,000,000.



Answer: $1,000,000.

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