Examples of Business Interruption Loss in a sentence
Coverage for Business Interruption Loss will apply only after the Waiting Period has elapsed.
Business Interruption Loss, the "insured" shall forward immediately to us, written notice of the interruption or suspension of "computer systems" to which this Coverage Form applies in the form of a facsimile, email, through our web or mobile app portals or express mail.
Any Claim(s) or Loss(es) under all applicable sections of this policy, triggering more than one coverage section, will be deemed to be a single policy claim, and only one Retention shall apply, except in respect of a Business Interruption Loss where one Waiting Period shall apply.
The Retention shall be satisfied by covered Business Interruption Loss retained by the Insured Organization.
In respect of Insuring Clause 1.2 only, in determining the amount of net profit (or net loss) and expenses covered under this policy for the purpose of ascertaining the amount of Business Interruption Loss (and otherwise); due consideration shall be given to the prior experience of an Insured’s business before the beginning of a Business Interruption Event, and to the probable business an Insured could have performed, had no Business Interruption Event occurred.