Informational Article on Business Interruption Insurance Coverage
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Financial Details
- Profit Metric:
- N/A
- Source:
- Date:
- November 05, 2025
Key Highlights
Many standard Business Interruption policies exclude coverage for communicable disease outbreaks like COVID-19.
Coverage typically requires physical damage to the property, which is often absent in revenue loss due to shutdowns.
Contingent Business Interruption (CBI) coverage may be necessary to cover losses from disease, supply chain disruption, or proximity shutdowns.
Description
This document provides critical analysis regarding the applicability of Business Interruption Insurance claims following the COVID-19 outbreak. It details common exclusions, particularly those related to communicable diseases implemented after the 2003 SARS event. The text outlines the standard requirements for a payout (physical damage, insured peril) and suggests that businesses needing coverage for revenue loss due to pandemics should seek specific Contingent Business Interruption (CBI) riders, which cover supply chain issues and proximity losses.
Industry Information
- Industry Description:
- Analysis of Business Interruption Insurance policies regarding communicable disease outbreaks like COVID-19.
- Classification:
- Financial Services
Real Estate & Lease
- Status:
- Not_applicable
Broker Contact
- Company:
- Compass First
- Phone:
- 805.886.2919
Listing Details
- Listing ID:
- 34a718bb-2f1c-41f1-8edc-6ff706f30046
- Deal Status:
- For Sale
- Date Posted:
- March 16, 2020
- Last Updated:
- November 05, 2025
- Currency:
- USD
Features & Tags
Tags & Categories
Insurance Advice
COVID-19 Impact
Business Interruption
Risk Management
Broker Content