An Expert Explains: Can Business Interruption Insurance cover COVID-19 claims?

COVID-19 has already proven to be an unprecedented disaster, with a much broader impact than any other disaster in the history of mankind, be it the loss of human life or economic loss. In India, due to COVID-19 outbreak, the central and state governments have imposed restrictions on businesses across industries. Due to nationwide three-week lockdown and social distancing, businesses are facing various operational constraints, resulting in severe disruptions and temporary closings. The result is huge business losses for various businesses.

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