The Coronavirus’ Impact on Business Interruption Coverage Is “Direct Physical Loss” Being Redefined?
Thursday, 12 March 2020 by Insuralex
Background Recent years have witnessed pandemic outbreaks of Ebola, H1N1, Avian flu and Legionnaires’ disease, and now the world is reeling from the impact of the COVID-19 (“Coronavirus disease”). Pandemics occur when new viruses emerge which are able to infect people easily and spread from person-to-person in an efficient and sustained way. Currently, the number