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Author Question: Business interruption insurance is designed to cover which of the following situations? (Read 66 times)

mwit1967

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Business interruption insurance is designed to cover which of the following situations?
◦ A person owns a restaurant business and the restaurant is destroyed by fire. The insurance covers the losses caused by the business being closed down for several months.
◦ A person has a partner in his restaurant business and that partner catches a disease and dies. The insurance provides for coverage of the death of the partner.
◦ A person operates a restaurant business and some customers suffer injury due to food poisoning. The insurance coverage provides for payment to cover any losses incurred because of claims by the restaurant arising from damages paid to these customers.
◦ A person owns a restaurant business and the restaurant is destroyed by fire. The insurance coverage pays for the repair of the building.
◦ A person is an employee at a restaurant business and gets ill. The insurance coverage pays him his wages while he is off work sick.


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Marked as best answer by mwit1967 on Aug 7, 2021

Mochi

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mwit1967

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Reply 2 on: Aug 7, 2021
:D TYSM


xoxo123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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