The Coronavirus has been a story for a few months now, and a few clients have reached out to me to ask if there is coverage under Business Interruption. The answer is more bad news. 

If your place of business or any employees were to be mandatorily quarantined, the loss of income is NOT insured under any current policy form. What’s worse is there is also currently no way to purchase the coverage on a stand-alone basis. Insurer’s and regulators are scrambling to formulate an offering. but for now, a closure of your business would not be a covered loss. 

Stay safe and definitely encourage your employees to use all available sick and leave times if they are showing any symptoms of a cold or flu.

Thank you for reading!

Feel free to reach out to me for any reason, I want to be a friend and a resource to you regardless of the level of our professional relationship.

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