Home » Insurance » The policy taken to cover loss of income that a business suffers when its facilities…

The policy taken to cover loss of income that a business suffers when its facilities…

The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is

  • A.
    group insurance
  • B.
    business support
  • C.
    fire insurance
  • D.
    business interruption
Correct Answer: Option D
Explanation

Business interruption insurance (also known as business income insurance) is a type of insurance that covers the loss of income that a business suffers after a disaster.The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster