What circumstances “trigger” my Business Loss Insurance policy?

It depends on your policy, but typically if the circumstances affecting your business are the same as those covered in your policy, your business loss claim would be triggered. In the context of COVID-19, such triggering circumstances arose when various state and local governments prevented businesses from operating.

Policies offered by The Hartford typically contain a clause in the policy related to a “civil authority” shutdown. The majority of businesses in the United States were under such orders, and if business losses occurred as a result of such orders the policy would be triggered.

business income loss clause
Figure 1: Text taken from a Hartford Insurance Policy

Comment on this FAQ