1. The loss of profit policy
covers loss of profit due to
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Loss of Profits Insurance
The Loss of Profits Policy is formulated to cover the likely monetary loss occurring from break in business activity that may arise due to physical loss of property by an event covered for insurance.
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Answer:
Loss of Profits Insurance
The Loss of Profits Policy is formulated to cover the likely monetary loss occurring from break in business activity that may arise due to physical loss of property by an event covered for insurance.
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