View this article online: https://www.insurancejournal.com/news/west/2008/08/22/92988.htm
Encino, Calif.-based NAS Insurance Services has expanded its regulatory business interruption (RBI) insurance to include healthcare and medical risks — hospitals, long-term care and public health departments — in addition to coverage offered to restaurants, food suppliers/vendors, hotels, schools and other for-profit entities.
RBI provides companies with extra expense protection, on a per day basis, for business interruption or interference due to business closure by a regulator for perils such as disease, contagion and/or infestation, as well as terrorism, homicide, suicide and/or workplace violence. RBI also features a legal expense sublimit to contest a regulatory shutdown, full prior acts for most risks, purchase for single or multiple locations, and availability in all states.
For information, visit www.nasinsurance.com.