A manufacturing company whose production was abruptly stopped by fire incidence would have its claim for loss of earning settled under the class of
- fire insurance
- all risk insurance
- product liability insurance
-
consequential loss insurance
The correct answer is: D
Explanation
What is 'Consequential Loss'. A consequential loss is an indirect loss resulting from an insured's inability to use business property or equipment. A business owner may purchase insurance to protect them against the secondary loss of property and equipment due to a natural disaster or accident.