Why do DSU and BI exclude variable cost?
Variable cost refers to expenses that change proportionally with the level of production or business activity. These costs vary based on the volume of output or the level of sales…
What are the differences between additional increased cost of working cover (AICOW) and increased cost of working (ICOW) cover?
The terms "additional increased cost of working cover" and "increased cost of working cover" are related to insurance policies that provide coverage for financial losses incurred by a business due…
How does DSU insurance cover work for interconnected project?
DSU insurance, or Delay in Start-Up insurance, is a type of insurance that covers financial losses that may occur due to a delay in the start-up of a project. This…
BI Cover: Time Deductible VS Deductible in Number?
In Delay in start up or business interruption insurance, what are the difference between time deductible and deductible in number? What is the Difference between Time Deductible and Deductible in…