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Business Income Coverage
An insurance covering loss of income suffered by a business when damage to
its premises by a covered cause of loss causes a slowdown or suspension of
its operations during the time required to repair or replace the damaged
property. Coverage limits vary.
While this coverage may appear automatically as part of some policies, it
must be requested separately on other policies. Let your agent or
broker know if you are interested in this coverage.
Disclaimer: Information
provided in on this website is a very general definition and may vary based
on location, policy type, and policy coverage form. Please consult
your policy for more detailed information.
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