Which of the following is the correct description of the medical expenses limit in the liability section of the Businessowners policy?

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The correct description of the medical expenses limit in the liability section of the Businessowners policy is per person, per occurrence. This means that the policy will cover medical expenses related to injuries sustained by an individual as a result of an incident that occurs during the policy period.

In this context, the phrase "per person" indicates that each injured person is eligible for a certain amount of coverage, while "per occurrence" signifies that this limit is applicable to each distinct event causing injury. This type of structure allows coverage to accumulate for separate individuals involved in a single event, giving policyholders a clear understanding of how coverage applies to multiple claims arising from one incident.

The other options represent different types of coverage provisions that do not align with the specific way medical expenses are dealt with in the liability section of a Businessowners policy. For instance, a per accident structure would aggregate claims from different individuals under a single accident rather than specifying limits for each person affected. An aggregate limit refers to a total cap on all claims during a policy period, while a per family limit would apply to members of a household, which is not the case for general liability medical expenses in a business context.

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