Axis Insurance News & Insights

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

Written by Axis Marketing | Mar 20, 2020 5:32:24 PM

 

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.

Can’t find the information you’re looking for? Our team is here to support you. With our services remaining at full capacity, please feel free to contact us for any questions or concerns you may have.