A Look At Insurance Coverage Issues Related To COVID-19

Highlights

• The impact of the new coronavirus on businesses from nearly every sector of the economy has prompted a common question – will insurance cover any losses related to COVID-19?
• The terms of many insurance policies vary by insurance carrier, and even the lines of coverage with "standardized" terms often have key terms changed by endorsement that are available only to certain clients or certain industries. As such, there is no hard and fast rule as to whether any particular type of claim will be covered.
• Notwithstanding the specificity required in evaluating a particular policy, this Holland & Knight alert helps identify some of the main issues related to coverage for COVID-19 claims.