covid-19 business closures

Business Interruption Insurance: What is it and does it cover the coronavirus?

By Sean Lopez / April 9, 2020

Business interruption insurance is insurance coverage which is purchased by a company in case of a disaster which prevents that business from operating as it usually would, under ideal conditions. If a company is forced to shut down because of certain perils, this insurance will kick in and cover that company so that they are…

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