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.
While other forms of business insurance would cover certain expenses, such as property damage, lost revenue, and more, extra expense insurance would cover other necessary and reasonable costs. For example, a business might need to set up a temporary office and pay for utilities, phone connections, and Internet. Such expenses could qualify for coverage under extra expense insurance, but not under a business interruption policy. Nevertheless, the combination of both policies can potentially save business owners significant amounts of money if their business is ever interrupted.