What does Strike Insurance mean? Read on to discover the definition & meaning of the term Strike Insurance - to help you better understand the language used in insurance policies.
Strike insurance is a type of policy that covers the financial losses to a business owner if their employees go on strike, stage a walkout, or organize some other type of interruption that shuts down business operations. If a strike continues, the strike insurance company pays the business owner to cover the income lost from being temporarily shut down.
We hope the you have a better understanding of the meaning of Strike Insurance.