Skip to main content
Insurance

Insurable value

When discussing business income coverage, it's important to understand the concept of net income. This is the amount that remains after subtracting variable costs and expenses from total sales. These variable costs and expenses are ones that can be stopped in case of a shutdown. In other words, it's the profit that a business makes after taking into account the costs that can be adjusted depending on the situation.

Related terms

Loss ratio

Understand the meaning and definition of Loss ratio in the context of stock market, trading, and investments.

MORE
Loss exposure checklist

Understand the meaning and definition of Loss exposure checklist in the context of stock market, trading, and investments.

MORE
Mortality Cost

Understand the meaning and definition of Mortality Cost in the context of stock market, trading, and investments.

MORE
Voluntary act

Understand the meaning and definition of Voluntary act in the context of stock market, trading, and investments.

MORE
Third-party Owner

Understand the meaning and definition of Third-party Owner in the context of stock market, trading, and investments.

MORE
Risk retention

Understand the meaning and definition of Risk retention in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91