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Insurance & Risk Management
22. Chapter 25: Commercial Property Insurance/Business Income Insurance
22. Chapter 25: Commercial Property Insurance Illustration
Syllabus Slides

Business Income Insurance

01.Core Concepts

The extra expense coverage form is a separate form that can be used to cover the extra expenses incurred by the firm in continuing operations during a period of restoration Can be used by firms that must continue to operate after a loss occurs, such as a newspaper The form does not cover loss of business income Expenses to continue operations are covered, subject to certain limits