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
How To Use business interruption insurance In A Sentence
- The CCRIF will enable governments to purchase catastrophe coverage akin to business interruption insurance that will provide them with an early cash payment after a major hurricane or earthquake.
- Property insurance and business interruption insurance have been the hardest hit, but employer liability insurance is also increasing as insurers are finding it harder to reinsure certain risks.
