Contemporary Examples. 1  Take, for example, irritable bowel syndrome (ibs), a condition that affects some 15 percent of Americans. Clinton Doc: This Is How Weâll Fix Health Care Daniela Drake June 11, 2014. 2  More research is needed to determine which other probiotics might help treat ibs.
The general aggregate limit on a CGL insurance policy defines the total amount the insurer will pay during a single policy period, usually a year. This means that coverage will pay for every claim, loss and lawsuit that involves a policyholder, until it reaches that aggregate limit. That might represent a single large claim, or multiple smaller ones.
Insurance retention (IR) is the portion of an insurance claim not covered by the insurance company. It is that portion of any loss paid by the insured. A deductible is the most common example of insured retention although there are other types of retentions. An insurance deductible on a liability policy is the amount that must be paid or reimbursed by the insured for each claim paid by the insurance company. In the case of third party claims, insurance companies must pay any legitimate covered claim and seek reimbursement of the deductible from their insured.