Financial Loss Protection

Rain Insurance
Rain insurance is a type of business interruption insurance that indemnifies the insured for loss of earnings and payment of expenses due to adverse weather conditions, particularly rain. This can cover losses from events like fairs, horse races, or boxing matches being rained out, but it does not cover property damage.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.