Insurance Agents Are Vulnerable To More Than Coronavirus

What do you say to your restaurant-owning clients when they ask about the Business Interruption (BI) coverage on their Business Owners Policy (BOP) arising out of the Coronavirus? You might be tempted to respond “It’s not covered.” But what you should say is, “I will submit a claim to the carrier for you.” OK, as an insurance professional, you know that standard BOPs typically only cover BI arising out of direct physical damage. So, why send it to the carrier?

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