Categories: Bunker News, Business Tips, Industry News
Bunker has been and will continue to monitor the current COVID-19 (coronavirus) situation, how it impacts the insurance industry, and how it applies to your policies. Â
Like many, our organization and our employees have felt the effects of the sweeping pandemic, but we remain resilient and convicted to our mission – removing insurance as a barrier for businesses to get to work! Â
With that, we want to provide some basic guidance on how this situation applies to your insurance policies, and resources for small businesses in need of more immediate financial assistance.
Stay well and keep safe. Â
To learn about the insurance requirements for getting a CARES Act Loan through the Small Business Administration (SBA):
Several of our carrier partners have started to provide additional support and assistance.
With so much change and uncertainty, we wanted to provide an additional list of resources that might be helpful. We will continue to consolidate resources that might be helpful for our various customer groups.
The information in these articles do not constitute legal advice. Bunker does not control the decisions of carriers or claims adjusters as to the applicable coverages, exclusions, or endorsements. Bunker is not able to take legal responsibility for any of the information in third party resources provided on this page.
If your interested in learning more visit https://www.buildbunker.com/ or contact us at support@buildbunker.com
Our team of knowledgable agents are experts at finding the right coverage for your business. Get your insurance quote now.
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DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Read your policy or consult with your agent for details. Your eligibility for particular products and services is subject to final underwriting and acceptance by the insurance company providing such products or services.
This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Be sure to read the policy, including all endorsements, or prospectus, if applicable.
Fraud is a crime
If your application contains purposefully misleading, absent, or inaccurate information, you could be charged with fraud. Your insurance carrier could potentially void your policy, or you could face civil or criminal charges or penalties.
Any person who knowingly and with intent to defraud any insurance company or other person, files an application for insurance or statement of claim containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent act, which is a crime.