CORONAVIRUS AND INSURANCE

Industry specialists, PACE Insurance have shared a Coronavirus Paper issued by the strategic management team at the LMI Group.

The expectation is that Coronavirus will be excluded under most industrial Special Risks policies by either the Quarantine Act 1908 (Cth) or the Biosecurity Act 2015 (Cth) and clubs are unlikely to be covered for loss of income due to business interruption and closure.

The paper includes important risk management tips and recommended actions.

To download the paper, click here>>>> https://thedrop.com.au/wp-content/uploads/2020/03/CoronaVirus-Paper-BI.pdf