A NONPROFIT THAT INSISTS INSURERS PAY OWED BUSINESS LOSSES CAUSED BY THE CORONAVIRUS
RESTAURANT OWNERS ACROSS THE COUNTRY HAVE PAID PREMIUMS FOR BUSINESS INTERRUPTION (BI) INSURANCE COVERAGE TO SAFEGUARD THEIR BUSINESSES.
Insurance premiums were paid to to safeguard their businesses and the livelihoods of their employees in the case of natural disaster or Civil Authority Shutdown. But insurers are withholding coverage when businesses and workers need it most.
A DISINFORMATION CAMPAIGN
To avoid payments triggered by a Civil Authority Shutdown, the insurance industry is spreading deceptive propaganda. This disinformation campaign is intended to deceive policyholders about their coverage in two ways:
That all policies have a virus exclusion. (Many policies do not have a virus/pandemic exclusion)
The virus does not cause property damage. (This is factually and legally untrue – the virus is creating a dangerous property condition)