Business Interruption Insurance Coverage Information for the Coronavirus Pandemic
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The Coronavirus (COVID-19) has hindered the typical everyday routine of many individuals and businesses. The declaration of this global pandemic has resulted in economic fallout for countless industries. Turning to your insurance that may include coverage for business interruption and/or loss of business income may be the next step to take during this time of economic uncertainty.
Business interruption insurance coverage is meant to cover the loss of income and property suffered by a business due to a stop in operations. There is no doubt there will be an increase in claims under this coverage in the weeks to come. Whether these claims will be covered will depend on a few key factors- the terms and conditions of the insurance policy and the circumstances related to the presumptive loss.
The big question is: does a coronavirus-based operation halt allow for business interruption coverage by insurance?
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Contact person: Devin Herz
Email - email@example.com
Phone - (405) 510.0077
Location - 1101 N. Broadway Avenue, Suite 102, Oklahoma City, OK 73103
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|Target State: Oklahoma|
Target City : Oklahoma City
Last Update : Mar 26, 2020
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|Item Owner : Devin Herz|
Contact Phone: (405) 510.0077
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