Is COVID-19 Covered Under My Insurance Policy?
Do you have coverage for COVID-19?
Insurance coverage for COVID-19 has become a thought in the forefront of many people’s minds. First, it is helpful to define the term “exclusion.” An “exclusion” is a provision that negates insurance for some type of risk in the insurance context. Exclusions narrow the scope of what the Carrier is obligated to cover. Sometimes the insurance agreement uses comprehensive language. Carriers use exclusions to carve away coverage for some risks they are unwilling or unable to insure.
In the COVID-19 context, some commercial insurance
e policies include language that expressly excludes coverage for damages caused by bacteria, viruses, or microorganisms. This could mean that there is no insurance coverage for COVID-19 on your policy.
The primary things that you should look for in a commercial policy are:
- Business interruption coverage
- Civil authority coverage
- Microorganism coverage
- Any coverage exclusions