Recipient Property
Barron's Insurance Dictionary:
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Recipient Property
Insurance against interruption of supply of goods and services. If firm Adepends on firm B for its supply of goods and services, an interruption caused by damage or destruction to B can jeopardize A. contingent business interruption form can be used by A to protect against this possibility.
| Receivership/Rehabilitation, Recapture of Plan Assets Byemployer, Recapture | |
| Reciprocal Exchange, Reciprocal Legislation, Recission |
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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