Which type of policy does NOT include an automatic reinstatement provision?

The general liability policy with an aggregate limit does not typically include an automatic reinstatement provision. In general, this type of policy has a maximum payout limit for all claims over a specific period. Once the aggregate limit is reached, the coverage for additional claims is exhausted until the policy renews or the terms are renegotiated.

In contrast, homeowners policies, business owner's policies, and many property insurance policies often include an automatic reinstatement of limits feature. This means that once a claim is paid, the policy's coverage limits are restored automatically, allowing policyholders to maintain coverage without needing to purchase additional limits or renew the policy immediately. Thus, identifying the general liability policy with an aggregate limit as lacking this provision is key to understanding how coverage limits function within different types of insurance.