Which of the following policies does NOT contain an automatic reinstatement provision?

A policy that does not contain an automatic reinstatement provision typically means that once the aggregate limit of liability has been reached, the coverage will not automatically renew or reinstate without additional action. General liability policies with aggregate limits often have terms that specify the limits of coverage, and in many cases, once those aggregate limits are exhausted, the coverage terminates for the policy period.

On the other hand, most automobile liability insurance policies, homeowners insurance policies, and business interruption insurance policies often include provisions for automatic reinstatement to ensure continuity of coverage. These types of insurance might allow for reinstatement upon payment of the premium or automatically reset under certain circumstances, to avoid a situation where the insured has no coverage after reaching a specified limit during the policy term.

Understanding these provisions is crucial for policyholders, as it impacts their risk exposure and the adequacy of their coverage. Therefore, choosing an option that does not typically include an automatic reinstatement provision correctly identifies general liability policies written with an aggregate limit.