Coronavirus – Do I have coverage for Loss Of Income?

The short answer is NO at this time. There are no policies that we have issued to our customers that allow for coverage due to loss of business from Coronavirus. I have researched the insurance industry for a separate policy to just cover this loss and I have not found any insurance carrier offering coverage for this loss. Depending upon the length and duration of this virus effecting businesses all across the USA, there could be a carrier that steps up to provide a policy for this coverage. If that does happen we will make an announcement to all of our customers that coverage may be available.

I have attached a very informative article that goes into detail for various coverages for similar circumstances that Loss Of Income will offer payments. Please feel free to call me and my office if you have any questions you would like to discuss.

Thank you,

Richard Maylott, Owner