20 Mar

COVID-19 & Business Interruption Insurance: A Brief Q&A

By Axis Marketing on

 

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Got questions about how the current COVID-19 pandemic relates to your commercial insurance? Thanks to the Insurance Bureau of Canada, we’ve got some of the answers to the most pressing questions Canadian business owners are facing.

In their Q&A article, the IBC outlines how coverage is triggered and how business interruption policies work. Questions their document covers include:

  • Will my standard business policy or business interruption policy cover me for interruptions due to COVID-19?
  • How does business insurance work?
  • What is business interruption (BI) coverage?
  • How does BI insurance work?

To see their answers in-depth, you can read their article here.

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