MLchartDataset catalogue

Accounts receivable coverage (AR)

Term · Insurance and risk management · MLC-T-INS-000300

Insurance protection for a business against losses resulting from the inability to collect outstanding accounts receivable due to damage or destruction of records. This coverage typically applies when records are destroyed by a covered peril, such as fire or theft, making it impossible to prove or collect debts owed to the business. It reimburses the insured for sums that cannot be collected and for extra expenses incurred to re-establish records.

Table 1. Record
IdentifierMLC-T-INS-000300
FieldInsurance and risk management
SubjectBusinessowners Policy
AbbreviationAR
Record as JSON 
{
  "id": "MLC-T-INS-000300",
  "term": "Accounts receivable coverage (AR)",
  "field": "Insurance and risk management",
  "definition": "Insurance protection for a business against losses resulting from the inability to collect outstanding accounts receivable due to damage or destruction of records. This coverage typically applies when records are destroyed by a covered peril, such as fire or theft, making it impossible to prove or collect debts owed to the business. It reimburses the insured for sums that cannot be collected and for extra expenses incurred to re-establish records.",
  "abbreviation": "AR",
  "subject": "Businessowners Policy",
  "url": "https://mlchart.com/terminology/insurance/accounts-receivable-coverage-ar/"
}

Record 30 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.