Utility service interruption coverage

{
  "id": "MLC-T-INS-003756",
  "term": "Utility service interruption coverage",
  "field": "Insurance and risk management",
  "definition": "An endorsement to a commercial property policy that covers financial losses resulting from the disruption of electrical, water, gas, or communications services supplied by an off-premises provider. The coverage responds when a covered peril, such as a fire or windstorm, damages the utility's property and causes an interruption at the insured's location. A time-based deductible, such as 24 or 48 hours, must be met before the policy begins to pay for lost income or extra expenses.",
  "url": "https://mlchart.com/terminology/insurance/utility-service-interruption-coverage/"
}