; or (2) if— (A) the insured fails to pay any increased premium charged by the insurer for providing such business interruption coverage; and (B) the insurer provided notice, at least 30 days before any such reinstatement, of— (i) the increased premium for such business interruption coverage; and (ii) the rights of the insured with respect to such coverage, including any date upon which the exclusion would be reinstated if no payment is received. 4. Definitions For purposes of this Act, the following definitions shall apply: (1) Business interruption insurance coverage The term business interruption insurance coverage means property and casualty insurance coverage provided or made available for losses resulting from periods of suspended business operations, whether provided under broader coverage or separately. (2) Insurer The term insurer has the meaning given such term in section 102 of the Terrorism Risk Insurance Act of 2002 ( 15 U.S.C. 6701 note).