Trade disruption insurance (TDI)
Term · Insurance and risk management · MLC-T-INS-003353
A specialized form of business interruption insurance that protects companies against financial losses resulting from unforeseen events that disrupt their supply chain or trade operations. It covers lost profits and additional expenses incurred due to political instability, natural disasters, or other specified perils affecting a company's ability to import or export goods. This coverage is distinct from standard property insurance, which focuses on physical damage.
| Identifier | MLC-T-INS-003353 |
|---|---|
| Field | Insurance and risk management |
| Abbreviation | TDI |
Record as JSON
{
"id": "MLC-T-INS-003353",
"term": "Trade disruption insurance (TDI)",
"field": "Insurance and risk management",
"definition": "A specialized form of business interruption insurance that protects companies against financial losses resulting from unforeseen events that disrupt their supply chain or trade operations. It covers lost profits and additional expenses incurred due to political instability, natural disasters, or other specified perils affecting a company's ability to import or export goods. This coverage is distinct from standard property insurance, which focuses on physical damage.",
"abbreviation": "TDI",
"url": "https://mlchart.com/terminology/insurance/trade-disruption-insurance-tdi/"
}
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