Covid 19 Business Interruption Insurance – Are you Covered?
To ensure its legal rights are protected, a business should have its insurance policy reviewed by a lawyer as soon as possible to determine whether the insurance company’s denial of the claim can be legitimately disputed.
June 1, 2020 Given Singer Kwinter’s more than 40 years experience in representing policy holders against insurance companies, it is not surprising that we are receiving calls from panicked business owners asking if they have a claim under their policy for losses due the COVID-19 crises. Insurance coverage is determined by the terms of the policy. Therefore, examination of the insurance policy is a key first step. An insurance policy is a complicated document setting out what losses are covered and those that are not. Losses not covered are referred to as “exclusions” […]
May 11, 2020 The global coronavirus pandemic has led many governments to close businesses deemed non-essential. As a result, many business owners have been left with income losses through no fault of their own that they may not be able to recover. Most insurance policies that provide comprehensive coverage to businesses, provide coverage for income losses suffered when a business is unable to operate at its usual capacity because of a peril covered under the insurance policy. This type of insurance coverage is known as business interruption insurance. Disputes that arise from business […]