The main function of the Majority and Minority Whips is to gather votes on major issues. Because they are the second ranking member of the Senate, if there is no floor leader present, the whip may become acting floor leader. Before 1969, the official titles were Majority Whip and Minority Whip. 1 Current floor leaders.
What is Business Income and Extra Expense Coverage? Also referred to as business interruption insurance, business income and extra expense coverage provides your business with financial protection when an insured loss prevents you from commencing business as usual.
Extra Expense Insurance. Extra expense insurance is insurance that covers businesses for extra expenses they may incur in the event their businesses must temporarily shut down. Distinct from business interruption insurance, it covers expenses the former does not; however, these costs must qualify as necessary and reasonable.