The most common and most likely answer to this crossword clue is the 8 letter word ICEBOUND
I've seen this crossword clue in Financial Times
I
C
E
B
O
U
N
D
Buddy explains!

The straight part
We know that "cut off in bad weather" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case cut off in bad weather = icebound.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does ICEBOUND mean?
ICEBOUND adjective- Completely surrounded by ice and therefore unable to move.