Discusses whether property management fees should be included as a business income expense.

When policy limit is to be paid out for business income loss, when should that payment be made?

Discusses whether employee tips are counted as payroll or something else.

Explains coverage when damage is to property insured under a separate policy; does damage to that property still trigger business income coverage?

Discusses substation and transformer breakdowns and business income coverage.

Waiting Period Not the Same as a Deductible Our insured had a business income loss that resulted in a twenty-eight hour closure. The property deductibles…

Period of Indemnity ExtensionEndorsement and Loss of Rents Q A multi-unit apartment building owned by one of our insureds was damaged by fire. Six…

Discusses business income expense of valuable papers and records.

Employee's Salary a Continuing Operating Expense Who decides which employees and their payroll remain during the period of restoration? The insured…

Discusses whether overtime production costs should be covered as extra expense.