X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Business income insurance covers the income of the business, therefore, it’s fundamental that there be earnings and that earnings continue to be possible. If a business is idle and likely to remain that way for a long time, there are neither present nor prospective earnings and no need for business income coverage. Construction companies and contractors may face this situation when there’s a significant slowdown in large projects.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.