Unusual expenses
Term · Insurance and risk management · MLC-T-INS-003445
Costs incurred by an insured that are not part of normal operating expenditures but arise directly from a covered loss or event. These expenses might include temporary relocation costs, expedited shipping fees for replacement parts, or overtime pay for employees working to restore operations. Insurers may cover these under specific policy provisions, such as extra expense coverage.
| Identifier | MLC-T-INS-003445 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003445",
"term": "Unusual expenses",
"field": "Insurance and risk management",
"definition": "Costs incurred by an insured that are not part of normal operating expenditures but arise directly from a covered loss or event. These expenses might include temporary relocation costs, expedited shipping fees for replacement parts, or overtime pay for employees working to restore operations. Insurers may cover these under specific policy provisions, such as extra expense coverage.",
"url": "https://mlchart.com/terminology/insurance/unusual-expenses/"
}
Record 3,585 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.