A type of business interruption insurance covering the insured's
reduction in gross earnings suffered as a result of a direct damage
loss. For a nonmanufacturer, gross earnings are essentially total
sales less the cost of goods sold. For a manufacturer, gross earnings
are the sales value of production, less cost of raw stock from which
the production is derived. Included in this coverage are profits,
continuing expenses, management payroll, and ordinary payroll.
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