Per diem business interruption coverage

{
  "id": "MLC-T-INS-002538",
  "term": "Per diem business interruption coverage",
  "field": "Insurance and risk management",
  "definition": "A type of business interruption insurance that provides a fixed daily payment for each day a business is unable to operate due to a covered loss. This payment is predetermined and does not require a detailed calculation of actual lost profits or expenses after the event. It offers a simplified and predictable recovery method for businesses experiencing operational shutdowns.",
  "url": "https://mlchart.com/terminology/insurance/per-diem-business-interruption-coverage/"
}