Wally
BrownCafe Innovator & King of Puns
Interesting. I never knew about this type of insurance. It looks like a new market for insurance companies covering virus-bacteria going foward.Insurance companies may not pay for business losses from coronavirus.
Small-business owners banking on their so-called business disruption insurance to bail them out of the mounting losses being inflicted by the COVID-19 pandemic may be in for a rude shock.
That’s because a little-known condition of coverage put in place in 2006, a few years after the SARS outbreak, excludes coverage for any “loss due to virus or bacteria.”