Warning! You are currently not signed in. Any products you have purchased will not be displayed until you Sign In

dependent properties time element coverage

Time element property insurance that pays for the loss of income or increase in expenses resulting from damage from a covered cause of loss to the premises of another organization on which the insured depends, such as a key supplier or customer. The two types are dependent properties business income coverage and dependent properties extra expense coverage. Previously referred to as contingent time element coverage. See also Secondary dependent properties.


Links for IRMI Online Subscribers Only: CPI VI.L

Navigation

Social Media