FOLIO Ontology

Exploring the Federated Open Legal Information Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R73cUH079dsK0pNRJiV7Jps
Label Business Interruption Insurance Policy
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Identifier N/A
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Definition

Business interruption insurance compensates for lost income and operating expenses when a business is unable to operate due to a covered event, such as a natural disaster, fire, or other insurable occurrences. This coverage helps to maintain financial stability during periods when normal business operations are adversely affected.

Class Relationships

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See Also

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Parent Class Of 0

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Additional Information

Metadata

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Description

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Editorial Information

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available