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.
Another form of this coverage is Business Interruption Coverage. Forms vary by policy.
See also: