Since being declared a global pandemic on March 11, the coronavirus (COVID-19) has caused widespread loss of life, disruption of global supply chains, uncertainty, and enormous business interruption losses.While the human toll is and will remain incalculable, insurance can play a vital role in helping your business recover financially.
Our esteemed faculty will discuss the following five immediate steps to maximize insurance recovery:
- Identify Potential Insurance
- Provide Timely Notice
- Keep Good Records
- Consider Insurance Counsel
- Don’t Take “No”
Insurance is a valuable asset. Although your business may suffer losses relating to COVID-19, you may also have substantial financial protection through your insurance. Careful and proactive attention to insurance coverage considerations could be the key to restoring business operations and recouping losses.
Recorded on May 11, 2020.