OUTBREAK EXTRA EXPENSE

The Coverage

Outbreak Extra Expense provides businesses with insurance coverage in the event that their business operations are suspended by a public health official due to a covered contagion originating at or emanating from an operational premises.

The policy pays a per-day location limit listed in the policy - regardless of any actual income loss. The proceeds can be used for a reduction of revenues as well as a variety of unforeseen expenses such as clean-up, public relations, increased advertising costs, compliance, and continuing payroll expense.

Coverage is afforded by a triple trigger:

1. Business is shut down by a public health official
2. Due to a covered contagion
3. Emanating from or originating at an operational premises

Loss Examples:

• A case of bed bugs causes a hotel or resort to be shut down by a public health official, which slows down business.
• Salmonella outbreak due to a contaminated food supply at a fast food restaurant results in a public health public health official shutting down the premises.
• Meningitis outbreak at school or college causes a shutdown by a public health official resulting in potential public relations problems.

Limits Available:

Per Day Limit: From to $5,000 to $50,000 per location
Days Covered: 15 or 30 day options
Location Limit: Days of coverage times per day limit
Multi-Location Aggregate: Up to $5,000,000 per policy

Minimum Premiums:

Low Hazard (e.g. office exposures) $500
Medium Hazard (e.g. day care) $750
High Hazard (e.g. seafood restaurant) $1,000

For complete terms and conditions, please refer to the policy.