Insurance and Pandemics
Insurance exists to mitigate risks, but many businesses discovered their policies fell short during the pandemic. Despite having business interruption insurance, most claims were denied due to hidden clauses excluding pandemic coverage. Insurers had anticipated such events, learning from past outbreaks like SARS, and crafted policies that reflected those insights, leaving many businesses unprotected when they needed it most.In this clip
From this podcast
Prognosis: Misconception
Business, Interrupted
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