Business Income Interruption Insurance
Business Interruption Insurance is an insurance type that covers the loss of income that a business would face after a disaster. The income loss may be disaster related damage or income lost during the closing of the business due to the disaster.
Covered disasters could include:
- Falling Objects
Business Interruption Insurance policies may cover:
- Rent or Lease Payments
- Employee Wages
- Relocation Costs
- Loan Payments
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