Time and distance are no longer barriers to infectious diseases.
Have you considered what a wide-spread pandemic could do to your business? Employees unable or afraid to travel to work. Enforced business closures. The suspension of public services. Consequences could be disastrous.
Insurance coverage has evolved to meet the new challenges, and new products are available to make some provision for the losses and extra expenses which a business could suffer. Ask your FCA advisor for more information.
FCA has also participated in the development of industry template policies to grant automatic continuation of coverage in the event of wide-scale emergencies. We actively promote the adoption of these provisions by all Insurers in the Canadian marketplace.