Business Interruption (BI) Insurance
Business Interruption (BI) Insurance : Business Interruption (BI) insurance cover is a term used widely within the insurance industry, relating to the requirement for calculation of adequate insurance, covering financial loss due to temporary business cessation. Note: Sub-titles within this category are Increased cost of working (ICOW) additional insurance for known recovery costs and additional increased cost of working (AICOW) to cover incidental costs of unknown amounts, e.g. staff relocation
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