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Old 03-20-2020, 12:10 PM   #7
winterh
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I learned the other day that the virus is excluded in my business interruption insurance. It was in the fine print which I must admit I never read as I never imagined we would be where we are today. My agent tells me that there is talk of the govt backing the insurance companies and having them cover this. They want to get money to small businesses and they look at this as a quicker, less bureaucratic way to do so. The insurance companies have the infrastructure in place to get it out quicker. I understand the no bailout/limited govt crowd and generally come down on that side. Flip side of that is millions losing their job and bankruptcies like we have never seen. I don't even pretend to know what the right answer is.
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