Aggregate Extension Clause (AEC): An Overview An aggregate extension clause (AEC) in a reinsurance contract permits a single claim for numerous small losses of a similar nature. The clause generally covers reimbursement of a specific category of losses that exceed a stated amount. For example, say a glass manufacturer estimates its annual losses due to
What Is the Aggregate Level Cost Method? The aggregate level cost method refers to an actuarial accounting method that tries to match and allocate the cost and benefit of a pension plan over the span of the plan’s life. The aggregate level cost method typically takes the present value of benefits minus the asset value
What Is General Aggregate Limit of Liability? The general aggregate limit liability refers to the most money that an insurer can be obligated to pay to an insured party during a specified period. The contracts of commercial general liability (CGL) and professional general liability insurers cite these general aggregate limits in detail. Understanding Aggregate Limit of
What is an Aggregate Limits Reinstatement Aggregate Limits Reinstatement is an insurance policy clause that allows policy limits to be returned to their maximum amount during the policy’s extended reporting period. These reinstatements are used when the original limits of the policy have been impacted by claims paid, or by any other impairment that reduces
What Is an Aggregate Mortality Table? An aggregate mortality table is a tool that helps actuaries and other insurance professionals gather key data regarding death rates. To properly price insurance products and ensure that life insurance companies maintain adequate reserves, actuaries develop projections of future insured events that may lead to a payout, such as
Brussels sprouts are a cool-season crop; they thrive in temperatures between 60°F and 70°F (16-21°C). Mature plants can withstand temperatures as low as 25°F (-4°C). Brussels sprouts require a long growing season—90 to 120 days. Commonly Brussels sprouts are planted in late spring to mid-summer for harvest in fall. Brussels sprouts touched by frost just
Pepper seedlings Peppers are a tender, warm-weather crop. Start peppers indoors 8 to 6 weeks before the average night time temperature is expected to stay above 55°F (13°C) if you plan to transplant seedlings directly into the garden. Start seed indoors up to 14 weeks before the last spring frost if you plan to harden
Spinach seedlings Spinach grows best in the cool weather of spring and fall. Mature spinach plants can tolerate temperatures as low as 10 to 20°F (-12 to -7°C). Time spinach seed starting so plants come to harvest before or after the very warm and hot weather of summer. Hot weather will trigger bolting and seed-stalk
Sowing carrot seed Carrots are a cool-season crop; they are best grown in spring and fall. Grow carrots and other root crops in light-textured soil free of pebbles and stones. This will ensure roots do not split or become malformed. Plant carrots for winter harvest and storage in late spring or early summer when you
Turnip seedlings Sow turnips in spring for an early summer harvest and use; direct sow in the garden 5 to 4 weeks before the last frost in spring. Start a second crop in late summer for winter storage and use. Grow turnips and other roots crops in light-textured soil free of pebbles and stones. This
