Ordinary Payroll Coverage Endorsement

Definition of "Ordinary payroll coverage endorsement"

Linda L.  Ledoux, LLC real estate agent

Written by

Linda L. Ledoux, LLCelite badge icon

RE/MAX Marketing Specialists

Policy provision that provides coverage for continuing payroll expense of all employees of an insured business (except for officers and executives) for the first specified number of days of business interruption. Applies when the business's continuing operation is interrupted by damage or destruction by an insured peril.

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