What Does Gap Factor Mean?

Free Business Insurance Quote Click Here
What does Gap Factor mean? Read on to discover the definition & meaning of the term Gap Factor - to help you better understand the language used in insurance policies.

Gap Factor

Gap Factor

An increase in limit over the amount of the developed business income exposure to account for any unexpected increase in revenue and/or to provide a cushion against any unexpected extension in the period of restoration.

We hope the you have a better understanding of the meaning of Gap Factor.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here