The term "Time element Coverage" is used when the amount of loss depends on what?

The time it takes to repair, rebuild, or restore damaged property.The term time element

coverage is used for many indirect losses, such as a business income loss, because the amount of

loss might not be directly related to the amount of property damage that occurred, but it is related

to the time it takes to repair,, rebuild, or restore the damaged property. Many factors can

influence the ultimate loss, incl...
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