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.
Taiping Insurance Shares Hit by Over $200 Million Exposure to Hong Kong Fire 
In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability 
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
