business interruption insurance
Definition
Indemnification for ongoing fixed expenses and loss of income, following a business stoppage. Such coverage may be added to an existing basic fire insurance policy.
business interruption insurance is in the Disaster Planning & Risk Management and General, Marine, & Life Insurance subjects.
business interruption insurance appears in the definition of the following term: dual-basis payroll insurance
business interruption insurance appears in the other term: contingent business interruption insurance
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