Definitions
There is 1 meaning of the phrase
Business Interruption Insurance.
Business Interruption Insurance - as a noun
Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril
Example Sentences
"Many small business owners overlook the importance of business interruption insurance until they experience a significant loss of income."
"Without business interruption insurance, a prolonged closure, such as due to fire damage, can put a company at risk of financial ruin."
"When a business experiences a loss that triggers business interruption insurance, the insurer will investigate the claim before providing compensation."
"The amount of coverage provided by business interruption insurance is typically based on the business's historical financial records."
"While business interruption insurance is generally associated with physical damage events, some policies also cover non-physical events like utility outages or civil unrest."
Word Variations & Relations
A-Z Proximities
busierbusiesbusiestbusilybusiness Business Interruption Insurance
businessesbusinesslikebusinessmanbusinessmenbusinesspeople
