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Crouch Contractors is insured under a CGL policy on which both the occurrence and general aggregate limits are $ 2 million. Crouch signs a contract

Crouch Contractors is insured under a CGL policy on which both the occurrence and general aggregate limits are $2 million. Crouch signs a contract with Skyrise, Inc., to build a high rise office tower. As part of the contract requirements, Crouch attaches a "designated construction project general aggregate limit" endorsement to its CGL policy, and lists Skyrise in the endorsement schedule. Crouch experiences two large losses during the policy period. The first claim, which is not in connection with the Skyrise project, settles for $3 million. The second loss, which arises out of the Skyrise project, settles for $1.5 million. What is the total amount of Crouch's uninsured loss for these two claims?
(Search Chapter 10)
a. $0
b. $1 million
c. $2 million
d. $3 million

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