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business interruption insurance
(redirected from Earnings Insurance)

   Also found in: Dictionary/thesaurus 0.01 sec.
Business Interruption Insurance
An insurance policy that provides coverage in case some event causes a business to relocate or temporarily close. For example, if an office floods and becomes unusable, business interruption insurance will replace the profits the company would have made during the time it is closed and also will cover its operating expenses. It is also called business income coverage.

business interruption insurance
Insurance that provides benefits if business is interrupted while repairs are conducted after an insurable loss.


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If you are relying on the rental income from your tenants to repay the money you borrowed to purchase the property, you need to ensure you have lost earnings insurance to compensate you during this period Employee Liability Insurance If you have employees who will visit the property for you to repair any damage, etc.
Either way, business in come or gross earnings insurance will cover the customer's loss because the contract makes paying for products you can't use a necessarily continuing expense.
5 Contributions to After-tax Operating Earnings Insurance $141.
 
 
 
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