COVID-19 RISK TO COMMERCIAL BUSINESSES
Bollwerk’s main focus is on the effects of Risk the virus may have on our Clients’ businesses. The beginning of the impact on the Hospitality industry is already apparent.
Aside from the unique Risks we believe the Hospitality Client might face, the first concern is whether Commercial P&C Policies will offer either virus related liability coverage, or monies for defense. The Commercial P&C Policy must be assessed for its answer to virus liability or loss of income claims, and second, whether claims based upon viral infection are excluded.
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