COVID-19 BUSINESS INTERRUPTION INSURANCE CLAIMS

You Purchased Business Interruption Insurance

The smartest thing you’ve done in the last 15 years of owning your own business was getting business interruption insurance. When the state ordered you to close your doors, you knew that you were protected and that your insurance company would reimburse you for your Coronavirus related loss of business income and related expenses.

The first of the month is coming up, and your bills are due. Your employees want to get paid, and you advanced thousands of dollars to have your company cleaned and sanitized. You also purchased face masks for everyone and provided a dozen laptops to team members, along with high speed Internet service, so they could work from home and keep things running.

As you open the mail on your desk, you come across an envelope from your insurance company. While opening it you think to yourself, “I’m glad the check arrived. I don’t know what I would have done if I didn’t have business interruption insurance coverage.”

Your heart stops when you see the check… (click here to read my full article on LinkedIn)

#COVID19 Liability Releases, Waivers, and Hold Harmless Agreements- What every business owner needs to know and do BEFORE opening back up for business

Local businesses will be slowly opening up around the country. Here are a few things owners may want to keep in mind to protect themselves from Coronavirus infection claims.

You’re Awesome!

A lot is going on right now. Businesses are shut down across the country, and most of us are “working from home” while trying to balance our personal and professional lives.

It’s not easy. Many don’t know what the future holds.

This isn’t my sign but I get it. Some of my clients are having big time challenges. It’s tough right now.

I would suggest that this is the time to double down on what you have control over. To be proactive in what you say and do.

What I’ve observed is that while some people are reacting to the news and allowing themselves to become paralyzed by the uncertain and unknown, others are taking this time to improve their product or service. They’re learning new skills and adding cloud-based services to their customer experience and distribution efforts.

Proactive business owners are doing what needs to be done to pivot and move forward. They’re putting in the time and effort to learn new skills and discover new opportunities.

It’s not easy moving forward. For some, it may seem impossible.

But here’s the thing, being proactive will always keep you moving towards change and improvement. Being reactive will only increase your stress and get in the way of your success.

I know it’s hard, but keep moving forward. Be proactive and make change happen. You got this. You’re awesome!

NEW! Cloud-Based Services for Lawyers and Other Professionals

These are a few of the cloud-based and offsite services we use. They make for an excellent team and client experience!

The video is a bit long, but it’s packed with value—especially at the end. All the links are in the YouTube description.

CORONAVIRUS, CONFERENCES, AND LIABILITY- Tips for Speakers, Event Holders, and Attendees

If you’re an individual or company that owns, manages, or controls a conference or event, you owe everyone involved, a legal duty of due care not to subject attendees, speakers, and those working at the event, to an unreasonable risk of harm. What this means is that you have an obligation to provide a safe conference environment and, to warn people of known or reasonably discoverable dangerous conditions.

I did a quick search in CaseText (AI based legal research service) and instantly found thousands of cases where conferences and events have been held liable for subjecting people to an unreasonable risks of harm. Full transparency, I’m a brand ambassador for CaseText because it’s awesome!

Just like the cases I found where conferences were held liable for exposing their attendees to dangerous conditions, I think the same argument applies to those conferences that create an environment that exposes people to unhealthy situations, including harm or death from the Coronavirus (COVID-19).

And I’m not alone. For both legal, ethical and health safety reasons, thousands of small and large conferences around the world have been delayed or canceled because of the Coronavirus.

Arnold Schwarzenegger’s rescheduling of his Sports and Fitness Festival is a good example of what’s happening right now. Watch the video.

On Friday, the City of Austin cancelled the March SXSW event. Here’s a list from Thursday’s USA Today, sharing other canceled or rescheduled events.

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