COVID-19 Webinar: Insurance Coverage for Outdoor Retailers and Manufacturing Companies
Speaker: Perkins Coie LLP
Coronavirus loss estimates are already in the billions of dollars for retailers and tourism companies as state lockdowns are implemented and more retail chains are forced to shutter doors, send workers home and look for solutions to supply chain deficiencies. Are the losses covered? Unfortunately, it depends.
In this webinar, we will walk through business insurance policies that may provide coverage for coronavirus losses, including business interruption and contingent business interruption coverages, several standard property insurance coverage extensions, supply chain and trade disruption policies, cargo marine policies, event cancellation policies, liability policies and more. The speakers will identify what language your policy needs to contain (or not contain) for coverage to attach and will provide practical advice on what records companies should gather now to assist in any future insurance claims. In addition, the speakers will discuss when companies should provide notice or notice of circumstances under their current policies.