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If an insured covered under a Business Income Coverage form (with Extra Expense coverage) loses $200,000 in revenue, incurs $25,000 in continuing expenses, and incurs
If an insured covered under a Business Income Coverage form (with Extra Expense coverage) loses $200,000 in revenue, incurs $25,000 in continuing expenses, and incurs $20,000 in extra expenses during a covered loss, which of the following best describes how the insurance company will respond? The insurance company will pay only for lost revenue and continuing expenses The insurance company will pay only for lost revenue The insurance company will pay only for lost revenue and extra expenses If an insured covered under a Business Income Coverage form (with Extra Expense coverage) loses $200,000 in revenue, incurs $25,000 in continuing expenses, and incurs $20,000 in extra expenses during a covered loss, which of the following best describes how the insurance company will respond? The insurance company will pay only for lost revenue and continuing expenses The insurance company will pay only for lost revenue The insurance company will pay only for lost revenue and extra expenses
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