Businesses across Canada are feeling the loss at all levels including restaurants, bars, entertainment venues, schools, charitable organizations and professional service providers.
Has Your Business Interruption Insurance Claim Been Denied?
Recent media updates have indicated insurers are not ready to payout claims for business interruption insurance caused by COVID-19. The WHO officially designated the recent outbreak a pandemic just last week. This qualification means hard working Canadians may rely on this coverage to keep their business afloat during the work stoppage.
Even after the virus persists in an area, re-contamination could occur again and extend your period of coverage. It is essential that every business owner full understands what they are entitled to under their business insurance policy.