Business Income Insurance (Glossary Word)

Sometimes known as Business Interruption Insurance, this is a commercial insurance coverage that reimburses a business owner for lost profits and continuing fixed expenses during the time that a business must stay closed while the premises or operations are being restored because of physical damage from a covered peril.

Other users searching for also searched for some of the following glossary words and FAQs.

Glossary Words

• Business Owners Policy
• Fixed Annuity
• Professional Liability Insurance
• Insurance Score

FAQs

• What kind of insurance does my business need?
• If I rent a car or truck am I protected against loss by my business auto policy?
• Do I need to buy insurance from the rental car company if I have my own personal automobile insurance?