As recent disasters--both natural and manmade--have dramaticallyincreased the number of business interruption claims, coveragechallenges have become a more important issue to corporateinsurance buyers.
Understanding the criteria used to evaluate businessinterruption coverage claims has become a critical factor inavoiding litigation and resolving coverage claims.
Buyers should gauge the following criteria to better deal withcoverage problems: direct physical loss to specific property, proofof business interruption and actual monetary loss.
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