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business interruption insurance
(redirected from Earnings Insurance)

    Also found in: Financial 0.01 sec.
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Noun1.business interruption insurance - insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
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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.
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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.
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5 Contributions to After-tax Operating Earnings Insurance $141.
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