extra expense insurance

Definition

Policy that pays (up to a specified limit) expenses incurred in restoring a firm to its normal operations (after a disaster) but not covered under the ordinary business-interruption insurance policy.


extra expense insurance is...

... in the General, Marine, & Life Insurance subject.

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z