Extra Expenses

Extra funds needed to continue a business uninterruptedly, after damage, applied to dwellings, It is called additional living expenses coverage, and is available through Extra Expenses Insurance, and additional living expenses Insurance.

Extra Perils

Closely allied with Fire Insurance, is the Insurance of certain so called special perils which by tradition are dealt with by the Fire department of Insurance companies. The principal special perils are explosion, riot, civil commotion, aircraft and articles dropped therefrom, storm, tempest, flood water damage, impact damage, spontaneous combustion, spontaneous fermentation, heating combustion.

Extra premium

An additional amount added to the basic premium which may be required because the risk covered is unusually hazardous.
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A charge added to a premium because the regular premium rate does not take into account certain hazards.

Extra premium removal

If the cause of the extra premium is eliminated in that the rated medical impairment no longer exists, or there has been a change from a hazardous occupation to a non-hazardous one, it is prudent to seek the reduction of the amount of the premium that is attributable to the risk Such a reduction is extra premium removal.
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Elimination of an extra premium because the hazard necessitating it no longer exists.