What is Extended Period of Recovery?
This is a policy coverage that will pay for lost Business Income for a stated amount of days beyond the restoration period. The intent of this protection is to allow the company to reach its projected sales level after operations have been resumed. Most policies include 30 additional days past the restoration period for no charge, but the majority of businesses need at least 90 to 180 days of protection, especially if there is disagreement on when the operations were restored.