WAEC - Insurance (2016 - No. 33)

business interruption claims will only be settled if it is caused by?
permanent disability
machinery breakdown
sickness
death

Explanation

Business interruption insurance (also known as business income insurance) is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of thebusiness facility or due to the rebuilding process after a disaster.

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