单词 | business interruption insurance |
释义 | business interruption insurance in Insurance (bɪznɪs ɪntərʌpʃən ɪnʃʊərəns) noun Commercial insuranceThe following are further types of insurance that can be taken out by commercial organizations:business overhead expense insurancefire insurancefleet insuranceforced place insurancekey man insuranceplate glass insuranceproduct liability insuranceprofessional liability insurance(Insurance: Commercial insurance) Business interruption insurance is insurance coverage that pays for loss of earnings when business operations have to stop because of property loss due to an insured danger. SIMILAR WORDS: business income insurance A policy that protects a company from loss of sales if a fire in a factory preventsit from carrying out its business functions is often referred to as business interruption insurance. Weather insurance is a type of business interruption insurance that compensates for financial losses caused by adverse weather conditions, suchas constant rain on the day scheduled for a major outdoor concert. Business interruption insurance is insurance coverage that pays for loss of earnings when business operations haveto stop because of property loss due to an insured danger. |
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