Preliminary information on Business Interruption Insurance coverage for COVID-19

Noble Insurance has sent out their preliminary findings (which are not exceptionally positive) on gaining a payout on business interruption insurance for COVID-19 related claims.

Many of our insureds do have business interruption insurance on their current policy. However, so far in our investigations of the coverage with all of our insurers (and as you can imagine we are getting hundreds of inquiries) it appears that loss of income claims as a result of Covid-19 are not covered.  Notify your insurance provider if you are working from home: Read more at: https://www.growvantage.com/resources-during-covid-19/
Patricia Dent

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