Business Income Coverage Form
Categories: Company Management, Accounting, Insurance
Business Income Coverage Form is also sometime referred to as Business Interruption Coverage, and is a form of insurance that covers business income loss should the business incur property damage.
These polices may cover the period of time it takes to repair the damage and get the business up and running again, although it can be extended past repair time.
There are two kinds: business income with extra expense coverage...and business income, with no extra expense coverage. The extra expense coverage covers expenses over and above the normal income. Yeah, uh..."extra."
