MLchartDataset catalogue

Extra expense coverage

Term · Insurance and risk management · MLC-T-INS-001433

Insurance protection that reimburses a business for necessary expenses incurred to continue operations after a direct physical loss to its property. These expenses are beyond what would normally be incurred and are intended to minimize the period of interruption. Examples include renting temporary facilities or equipment.

Table 1. Record
IdentifierMLC-T-INS-001433
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001433",
  "term": "Extra expense coverage",
  "field": "Insurance and risk management",
  "definition": "Insurance protection that reimburses a business for necessary expenses incurred to continue operations after a direct physical loss to its property. These expenses are beyond what would normally be incurred and are intended to minimize the period of interruption. Examples include renting temporary facilities or equipment.",
  "url": "https://mlchart.com/terminology/insurance/extra-expense-coverage/"
}

Record 1,302 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.