The Covid-19 pandemic has laid bare the serious threat that contagious diseases can pose to an entire economy. The entertainment and hospitality sectors and supporting industries were some of the hardest hit.
Major projects have been put on hold due to the lack of insurance and the fear of multiple avenues for lawsuits. However, help is on the way. A new Contagious Disease Liability coverage is available and should stabilize the uncertainty that has scared off producers and investors alike.
The new specialty coverage has a high price tag which may put it out of reach for many of the businesses who need it, with minimum premiums starting around $17,500-$20,000. Continue reading... “Contagious Disease Liability Coverage Is Finally Here!”