All of the following statements about business income insurance are true EXCEPT

All of the following statements about business income insurance are true EXCEPT




A) Business income is defined as total sales that would have been made plus continuing normal operating expenses.
B) Payroll is considered a continuing normal operating expense.
C) Business income insurance does not cover the physical damage caused by a peril which created the interruption in business
D) The business income coverage form can be purchased with a coinsurance requirement



Answer: A

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