Is the Corona virus (COVID-19) covered under your business insurance?
Posted: March 17, 2020
Given the potential impact of COVID-19 on your business operations, we have received many calls with respect to business interruption coverage and the following should help clear this topic. Most property policies include business interruption coverage when the business interruption is caused by a Covered Cause of Loss. A Covered Cause of Loss is defined as risks of direct physical loss unless the loss is...
Insurance Lessons Learned From Sandy: Steps to Keep Your Business Running Following a Disaster
Posted: October 4, 2013
MAINTAIN YOUR REVENUE STREAM WITH EFFECTIVE DISASTER RECOVERY AND BUSINESS CONTINUITY PLANNING The difficulty many businesses had reopening after Hurricane Sandy is a reminder of the importance of having a disaster recovery plan and the right type and amount of insurance, according to the Insurance Information Institute (I.I.I.). In fact, the I.I.I. noted that an estimated 25 percent of businesses never reopen at all following...
