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单词 business-interruption policy
释义

business-interruption policy

business-interruption policy(consequential-loss policy; loss-of-profits policy) An insurance policy that pays claims for financial losses occurring if a business has to stop or reduce its activities as a result of a fire or any other insurable risk. Claims can be made for lost profit, rent, rates, and other unavoidable overhead costs that continue even when trading has temporarily ceased.

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更新时间:2025/1/22 17:01:08