Business Interruption and Workers Compensation Coverage

A lot of our customers are asking if their Business Interruption or Workers' Compensation insurance coverages can be accessed for claims relating to the COVID-19 pandemic. Here is the information that one our top carriers, The Hartford Insurance Company, is providing in response to this inquiry:

Business Interruption and Workers Compensation Coverage

We recognize that business owners, the backbone of our nation's economy, face a stressful and uncertain time right now. We understand the strain and anxiety they likely feel as they push through this extremely challenging situation and want to know if and when their current insurance covers losses arising out of COVID-19. Each claim is unique and must be reviewed based on the underlying facts, policy language and applicable law. For that reason, we re no in a position to comment on hypotheticals or "what if" situations. What we can do, however, is provide an honest, upfront description of our business interruption and workers' compensation coverage.

Business Interruption Coverage

Most property insurance includes business interruption coverage, which often includes civil authority and dependent property coverage. This coverage is generally designed to cover losses that result from DIRECT PHYSICAL LOSS OR DAMAGE TO PROPERTY THAT IS NOT DESIGNED TO APPLY IN THE CASE OF A VIRUS.

Workers' Compensation Coverage

Workers' Compensation insurance helps employees recover from work-related injuries or illnesses. Every state has its own workers' compensation insurance laws and regulations that govern the coverage available. To file a workers' compensation claim, the employee will need to demonstrate that the INJURY OR ILLNESS AROSE BOTH OUR OF AND IN THE COURSE OF THEIR EMPLOYMENT.