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Business Interruption –– What What It It Covers and What What It Doesn’t
With the COVID-19 pandemic questions are raised as to whether COVID-19 business business closures qualify for business business interruption claims Let’s start with what Business Business Interruption Coverage is Business Interruption Insurance is insurance coverage that replaces business income lost in in in a a disaster The event could be for example a a a a a a fire or or a a a a a a a natural disaster This type of coverage covers operating expenses a a a a a a a a a a a a a a a move
to a a a a a a a a a a a a a a a a a a a a temporary location payroll taxes and loan payments The amount payable in fin in a a a a a a a a a a a a a a a a a claim is based on on past financial records of the business