business interruption insurance

noun

Definition of business interruption insurance

: insurance against loss of net profits and continuing fixed charges during a period of total or partial suspension of business activity because of damage to described premises from specified perils

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“Business interruption insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/business%20interruption%20insurance. Accessed 22 Jan. 2021.

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