interruption-of-business insurance

See business interruption insurance.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • business interruption insurance — Insurance protecting against loss from the interruption of business as a whole, as distinguished from coverage upon the merchandise or other property owned, held, or used in the business. 29A Am J Rev ed Ins § 1366 …   Ballentine's law dictionary

  • business interruption policy — ➔ insurance policy …   Financial and business terms

  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A legal contract in which an insurer promises to pay a specified amount to another party, the insured, if a particular event (known as the peril), happens and the insured suffers a financial loss as a result. The insured s part of the contract is …   Big dictionary of business and management

  • Business Owner Policy - BOP — Insurance policies that combine protection from all major property and liability risks in one package. A Business Owner Policy or BOP is an insurance package that assembles the basic coverages required by a business owner in one bundle. It is… …   Investment dictionary

  • business interruption insurance — ➔ insurance …   Financial and business terms

  • business interruption — UK US noun [C or U] ► INSURANCE a period when a business cannot operate because of a storm, flood, or other event: »The company shall not be liable for any damages for loss of profits, business interruption, or other pecuniary loss arising out of …   Financial and business terms

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