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Extended Period Of Indemnity Endorsement Or Option

Extended Period of Indemnity Endorsement or Option

Definition

Adds coverage under a business interruption policy for loss of income suffered during a specified period of time (e.g., 30, 60, 90 days) after the damaged property has been repaired. In the absence of this endorsement or option, business interruption coverage typically ends on the date the damaged property is repaired or replaced.

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