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Insurance

Consequential losses

In the world of finance, there are various terms that may seem complex at first but are crucial to understand. One such term is "losses other than property damage." This refers to financial losses that a business may experience due to physical damage, such as the cost of retaining key employees to assist with reorganizing after a fire. It is important for businesses to plan for all types of losses in order to mitigate their impact.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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