Dependent Business Income – Part 2

Dependent Business Income – Part 2 2 minute read ISO uses 5 forms to offer Dependent Business Income coverage. As a reminder, companies which provide this coverage generally have broader terms than ISO uses. Still, it is a good idea to be familiar with basic terms of DBI. The five ISO forms are: Business Income […]
Dependent Business Income

Dependent Business Income 2 minute read Contemplate these loss scenarios: A company manufactures widgets, depending on a main supplier of component parts. The suppliers suspends operations when a truck drives into the building. After current inventory is sold, revenues for the widget manufacturer drop 100%. A farm sells all of its vegetables to a national […]