nounCommercial insuranceThe following are further types of insurance that can be taken out by commercial organizations:business overhead expense insurancefire insurancefleet insuranceforced place insurancekey man insuranceplate glass insuranceproduct liability insuranceprofessional liability insurance ( Insurance : Commercial insurance )
business income insurance
A policy that protects a company from loss of sales if a fire in a factory prevents
it from carrying out its business functions is often referred to as business interruption insurance.
Weather insurance is a type of business interruption insurance that compensates for financial losses caused by adverse weather conditions, such
as constant rain on the day scheduled for a major outdoor concert.
Business interruption insurance is insurance coverage that pays for loss of earnings when business operations have
to stop because of property loss due to an insured danger.
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