Clause in a business interruption policy to protect the insured against interruption due to infectious and contagious disease (AIDS is not covered), discovery of vermin at the premises, closure by a competent authority due to defective drains and sanitation, murder or suicide, or food poisoning affecting persons at the premises. This extension is particularly relevant for public access risks such as hotels, etc., and will cover cancellation of bookings due to an outbreak of notifiable infectious or con gious diseases in the area.

Easily set on fire. Any property which by its presence increases the risk of fire is inflammable. It has to do with the inherent nature and qualities of the goods.

The risk that significant increases in the inflation rate will have a disproportionate effect on insurers, e.g. the inflation factor built in to long-tail liability claims may outweigh the general economic level of inflation. Inflation is also of importance in health and medical insurance as the claims inflation may be higher than economic inflation.

Created out of the 1995 merger between Lloyd’s of London Press Ltd and IBC Ltd. The previous publications, Lloyd’s List, Lloyd’s Shipping Index, Lloyd’s Casualty Week are now part of the Informa Group’s family of products and services. The website www.infformamaritime.com sets out comprehensive details. See LLOYD’S MARINE INTELLIGENCE UNIT.

Insurance against legal liability for inadvertently infringing a copyright, patent or trademark.