NAS Insurance Services introduced a new regulatory business shutdown expense insurance that provides businesses with extra expense protection if they are shutdown by a regulatory agency such as a health or police department.
The coverage, which is available nationwide, includes terrorism, communicable disease, contagion, infestation, fungus, and others. The insurance covers up to $50,000 per day per location $1 million aggregate. The insurance also includes a sub-limit for contesting the regulatory shutdown. The minimum premium is $500.
Source: NAS Insurance Services, www.nasinsurance.com
Topics Legislation
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
‘Structural Shift’ Occurring in California Surplus Lines 
