One of the major issues that has arisen for businesses as a
result of the COVID-19 pandemic is whether they are covered for
business interruption by their business insurance polices.
A business insurance policy containing clauses for business
interruption cover will typically insure against the interruption
of, or interference with, the business as a consequence of certain
loss or damage. They may also include cover for the outbreak of an
infectious or contagious human disease.
The outbreak of COVID-19 in March 2020 forced many Australian
businesses to seek financial relief via their business interruption
policies. Not surprisingly, the insurance industry sought to argue
that pandemics are not intended to be covered under most business
interruption policies.
