Indirect Property Exposures
Definition of "Indirect property exposures"
Loss of income resulting from the damage or destruction of a person's property or a business's property. For example, if a store is damaged by fire and is unable to sell its inventory to customers, a loss of income results.
Popular Insurance Terms
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Coverage on all risks basis for such items as binders, reapers, harvesters, plows, tractors, pneumatic tools and compressors, bulldozers, and road scrapers. Excluded from coverage are wear ...
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Relationship of the frequency of deaths of individual members of a group to the entire group membership over a particular time period. ...
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Expenses taken out when benefits are paid. For example, a specific dollar amount is subtracted from a monthly income payment for company expenses. ...
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