Business interruption insurance provides coverage for:the loss of net profit and expenses that continue during...

Business interruption insurance provides coverage for:

		the loss of net profit and expenses that continue during a period of interruption.
		the loss of net profit and expenses from an interruption from a customer.
		loss of profits resulting from an interruption at a supplier.
		damage to stock or merchandise.

Automobile collision insurance covers damage to:

	a.	the insured's auto regardless of liability.
	b.	the insured's auto and another auto with which it collides.
	c.	another auto the insured runs into if the insured is not liable.
	d.	another auto the insured runs into if the insured is liable.

Expert Solution

Business Interruption Insurance is done to cover lost income when the business is been closed temporarily as result of situation beyond control . For example For example, in the event of fire, Property Insurance will cover the damages, but it won't cover the potential loss in income. This potential loss in income is covered by Business Interruption Insurance.

Answer is a

In case of Automobile Collision , if the Collision takes place then the insurance will get trigger to pay for damages regardless of liability. The Insurance will pay if the vehicles is damaged from

A collision with another vehicle
A collision with an object
A single-car accident that involves rolling or falling over

Answer is a

jeff jeffy answered 2 years ago

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