Business Income – New York Required Policyholder Information

Business Income – New York required policyholder information

The NY Department of Financial Services required explanations of the coverage provided in insurance policies for the loss of business income incurred during a business interruption caused by the COVID-19 virus.

Here are descriptions of each of our commonly issued commercial property policy types:

 

These descriptions are representative of our policies countrywide and are not limited to NY, but they do not describe every commercial property policy we provide and may not represent your policy.  Please review the guidance provided for additional information.