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Started By
Message
re: Business Interruption Insurance
Posted on 8/11/20 at 5:14 am to BastropRam13
Posted on 8/11/20 at 5:14 am to BastropRam13
After HN1, Swine Flu, and SARS most insurers put virus and bacteria exclusions in their policies among other things that would exclude coverage for these types of things.
So unless there is specific coverage theough Lloyd bought for this or the insurance company did not change the policy like the vast majority of insurers there would be no coverage for this.
So unless there is specific coverage theough Lloyd bought for this or the insurance company did not change the policy like the vast majority of insurers there would be no coverage for this.
Posted on 8/11/20 at 7:43 am to ItTakesAThief
quote:
So unless there is specific coverage theough Lloyd bought for this or the insurance company did not change the policy like the vast majority of insurers there would be no coverage for this.
Even businesses with specific pandemic policies are being denied coverage.
"The lawsuit seeks court affirmation that the insurer must cover Oceana Grill’s lost revenue because the restaurant paid for a policy that covers risks from all pathogens except those introduced through “terrorism or malicious use.”"
Article - Businesses Thought they Were Covered
This post was edited on 8/11/20 at 7:47 am
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