Our Commercial Insurance Property and Business Interruption wordings are clear when there is required to be a direct physical loss, destruction or damage to insured property at an insured premises caused by an insured peril in order to trigger the business interruption coverage. The exclusion is intended to eliminate any doubt and provide the utmost clarity for you and our customers.
For Mid-Market and Specialty policies, this exclusion will apply to New Business with an April 20, 2020 Quote Date and July 1, 2020 Effective Date for renewals.
For SME policies, this will apply to new business with a June 21, 2020 Quote Date and August 21, 2020 for renewals.
For more information on RSA’s virus, disease and pandemic exclusion click here.