Definition of Business interruption insurance
1. Noun. Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril.
Lexicographical Neighbors of Business Interruption Insurance
Literary usage of Business interruption insurance
Below you will find example usage of this term as found in modern and/or classical literature:
1. Selling Used Books Online: The Complete Guide to Bookselling at Amazon's by Stephen Windwalker (2002)
"... this will be the same agent - to explore the potential costs and benefits of property insurance, business interruption insurance, liability insurance, ..."
2. Report on Costs and Benefits of Natural Hazard Mitigation by P. Michael Laub (1997)
"... the floods of 1993 Less than 10 percent of the businesses that were closed during the 11 day lapse in water service had business interruption insurance. ..."
3. Improved Seismic Monitoring: Improved Decision-making : Assessing the Value by National Research Council (U. S.), National Academies Press (U.S.) (2006)
"Commercial establishments in hazard-prone regions are normally quite interested in purchasing business interruption insurance to protect themselves ..."
4. Live Articles on Special Hazards: A Series of Articles Reprinted from the (1922)
"So-called use and occupancy—or business interruption insurance—is intended to enable a going and profitable business to hold its organization intact during ..."