Meaning Business interruption insurance
What does Business interruption insurance mean? Here you find 25 meanings of the word Business interruption insurance. You can also add a definition of Business interruption insurance yourself

1

0 Thumbs up   0 Thumbs down

Business interruption insurance


 Protects against the loss of prospective earnings because of the interruption or suspension of business caused by a covered peril.
Source: farmers.com

2

0 Thumbs up   0 Thumbs down

Business interruption insurance


Insurance coverage for disaster related expenses that may be incurred until operations are fully recovered after a disaster. Business interruption insurance generally provides reimbursement for necessary ongoing expenses during this shutdown, plus loss of net profits that would have been earned during the period of interruption, within the limits o [..]
Source: drj.com

3

0 Thumbs up   0 Thumbs down

Business interruption insurance


A form of insurance that reimburses a business owner for lost profits and certain other losses.
Source: conning.com

4

0 Thumbs up   0 Thumbs down

Business interruption insurance


Insurance against stoppage that is available once the project is operational.
Source: people.hbs.edu

5

0 Thumbs up   0 Thumbs down

Business interruption insurance


Business interruption insurance compensates a business for certain specified categories of costs in the event of catastrophic events. Three categories that may be covered are 1) profits that would hav [..]
Source: definitions.uslegal.com

6

0 Thumbs up   0 Thumbs down

Business interruption insurance


Business Interruption insurance, covers the loss of earnings as a result of damage or loss of business property. Reimbursement for salaries, taxes, rents, and other expenses, even net profits that wou [..]
Source: einsurance.com

7

0 Thumbs up   0 Thumbs down

Business interruption insurance


This is a very important but often overlooked form of cover and is also known as ’Consequential Loss’ or ’Loss of Profits’ insurance. There are several types of Business Interruption cover. Generally, [..]
Source: tokiomarine.com

8

0 Thumbs up   0 Thumbs down

Business interruption insurance


See also ‘Consequential Loss’ or ‘Loss of Profits’ insurance. This insurance is intended to maintain the profit from your business at budgeted levels even t [..]
Source: trafalgar-intl.com

9

0 Thumbs up   0 Thumbs down

Business interruption insurance


Protection for a business owner against losses resulting from a temporary shutdown because of fire or other insured peril. The insurance provides reimbursement for lost net profits and necessary conti [..]
Source: cooperators.ca

10

0 Thumbs up   0 Thumbs down

Business interruption insurance


A policy that pays for the loss of earnings when business operations are reduced or stopped due to a property loss such as water damage, theft, or fire.
Source: insurance.wa.gov

11

0 Thumbs up   0 Thumbs down

Business interruption insurance


This form of insurance provides loss of income coverage for your business by replacing your operating income during the period when damage to the premises or other property prevents income from being earned.
Source: iba.ie

12

0 Thumbs up   0 Thumbs down

Business interruption insurance


Commercial coverage that reimburses a business owner for lost profits and continuing fixed expenses during the time that a business must stay closed while the premises are being restored because of ph [..]
Source: hanover.com

13

0 Thumbs up   0 Thumbs down

Business interruption insurance


A type of policy that pays for loss of earnings when operations are curtailed or suspended because of property loss.
Source: hollisinsurance.com

14

0 Thumbs up   0 Thumbs down

Business interruption insurance


Insurance coverage designed to protect the insured against loss of earnings resulting from the interruption of business caused by an insured peril, subject to the policy provisions.
Source: nonprofitrisk.org

15

0 Thumbs up   0 Thumbs down

Business interruption insurance


A type of policy that pays for loss of earnings when operations are curtailed or suspended because of a covered property loss.
Source: ispinsurance.com

16

0 Thumbs up   0 Thumbs down

Business interruption insurance


Provides compensation for loss of business revenue when business is interrupted as the result of property damage.
Source: azlegalcenter.com

17

0 Thumbs up   0 Thumbs down

Business interruption insurance


Commercial insurance that protects the owner of a business from revenue losses suffered during the period a business must stay closed while the premises are being restored because of physical damage from a covered peril.
Source: icnz.org.nz

18

0 Thumbs up   0 Thumbs down

Business interruption insurance


Coverage for the loss of earnings in the case the policyholder's business is shut down by fire, windstorm, explosion or other insured peril. It's often added as a rider to a standard busines [..]
Source: greatamericaninsurancegroup.com

19

0 Thumbs up   0 Thumbs down

Business interruption insurance


Insurance against business expense and loss of income when business is partially or wholly interrupted as a result of damage to property from an insured peril. For more information, please go to the Business Interruption Insurance page
Source: reliance.bc.ca

20

0 Thumbs up   0 Thumbs down

Business interruption insurance


(See Business Income above).
Source: insurancequotelive.com

21

0 Thumbs up   0 Thumbs down

Business interruption insurance


Part of property insurance that pays for the lost profits and continuing expenses that result from physical damage to insured property caused by an insured peril. See also Loss of Business Income, Extra Expense.
Source: scottsimmonds.com

22

0 Thumbs up   0 Thumbs down

Business interruption insurance


Coverage for business income from dependent properties. See Business Income Coverage Form and Dependent Properties.
Source: calstate.edu

23

0 Thumbs up   0 Thumbs down

Business interruption insurance


Coverage designed to provide protection for a business owner against losses resulting from a temporary shutdown because of fire or other insured peril. The insurance provides reimbursement for lost ne [..]
Source: sanchez-insuranceinc.com

24

0 Thumbs up   0 Thumbs down

Business interruption insurance


Insurance that will protect the owner of a business from losses sustained during a period of suspended business caused by fire or other hazard. See Use and occupancy insurance.
Source: oregonlaws.org

25

0 Thumbs up   0 Thumbs down

Business interruption insurance


(See Business Income above)
Source: sportsinsurance.com





<< Business insurance Buy-back deductible >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning