meaning of business interruption insurance

business interruption insurance meaning in Law Dictionary

Insurance that provides protection for the losing earnings and continuing fixed costs caused by a rest in commercial activities as a result of incident of a peril.


business interruption insurance meaning in Business Dictionary

Indemnification for ongoing fixed costs and loss of earnings, following a small business stoppage. These types of protection might be put into a current standard fire insurance policy.


business interruption insurance meaning in General Dictionary

insurance that delivers security for the loss in earnings and continuing fixed expenses resulting from a break in commercial tasks due to the occurrence of a peril