COVID-19

To our valued clients as we enter uncharted territory, we are receiving a lot of email and phone call questions concerning the COVID-19 outbreak.  Hopefully some of this information will help assist everyone.

Relative to insurance coverage, COVID-19 is an intriguing situation.  All the preventative steps, while necessary, are disruptive and putting a strain on society – individuals will get sick, at home or at work;  and business will be lost, regardless of public fear, or government intervention to force close.     While medical insurance should take care of the healthcare costs as it was designed to respond to diseases, normal property and casualty [P&C] insurance, such as Workers Compensation, Property, Business Interruption, and Liability, will be more complicated.  COVID-19 is an atypical event, and unless there is direct physical damage or loss, coverage will be problematic.  Specifically for workers compensation, unless you can show that you contracted the disease while in the course and scope of your employment, generally communicable disease is not covered.   Also, Governmental Action is also a noted exclusion in policies that could present obstacles.

As a dedicated partner to your business, we are committed to you and will be here to answer your questions.  If there is a loss as outlined and identified in your policy, your specific claim will be evaluated by your insurance company with any applicable laws or statutes.  Keep in mind that

I hope everyone stays safe and healthy in these challenging times.