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The Art Market Adjusts: Insurance implications for fine art collectors and exhibitions

Mar 24, 2020


WithersWorldwide.com

People are definitely experiencing an interruption in their businesses; however, in our experience, the Business Owners or Package policies will likely not respond because there needs to be a “physical loss or damage” claim to trigger business interruption. The virus is not causing a physical loss or damage to peoples’ space, thus the policy will likely not respond.

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