what do you mean by dislocation period
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the period of indemnity is the length of time for which benefits are payable under an insurance policy. It is also used to denote the time period for which indemnity or compensation is payable under a business interruption policy.
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Dislocation Period:
1) When economic conditions changes across an area as a result some of the workers are dislocated means disappeared form the work.
2)They not even appear to be returning upon economic recovery, we say those people have been dislocated from the economy,for their employment at the other places.
3) It usually results the closing of organisation associated with economic restructuring.
4) This condition mainly arise when there is the fall in the economic condition.
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