The time period during which benefits are paid out to replace a portion of lost income under an insurance policy (e.g., disability or business interruption insurance). Such insurance policies have a specified maximum period of indemnity following a covered incident. Payments cease after the indemnity period is up even if the disability or business interruption persists.
Related information about period of indemnity:
- Period Of Indemnity Definition | Investopedia
The length of time for which benefits are payable under an insurance policy. Also used to denote the time period for which indemnity or compensation is payable ...
- extended period of indemnity endorsement or option - Insurance ...
extended period of indemnity endorsement or option - Adds coverage under a business interruption policy for loss of income suffered during a specified period ...
- What is period of indemnity? definition and meaning
Definition of period of indemnity: The time period during which benefits are paid out to ... Such insurance policies have a specified maximum period of indemnity ...
- Extended Period of Indemnity - Adjusters International
Extended period of indemnity coverage will help a business gain momentum after a disaster. This extends the coverage beyond date of restoration.
- What is extended period of indemnity? definition and meaning
Definition of extended period of indemnity: Coverage that extends the existing lost income coverage for a certain time frame after business resumes.
- Period Of Indemnity: Definition from Answers.com
Period Of Indemnity The length of time for which benefits are payable under an insurance policy. Also used to denote the time period for which indemnity.
- Extended Period of Indemnity Coverage - CAL INSURANCE AND ...
Extended Period of Indemnity Coverage extends coverage for business interruption after the damaged property has been repaired. Typical coverage extensions ...
- Business Income Refresher
Extended Period of Indemnity: The policy may provide for an extended ... Most companies grant 30 days coverage for the extended period of indemnity with the ...