Important Timing Considerations for COVID-19 Business Interruption Claims
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You are a corporate policyholder whose business has been decimated by COVID-19. You promptly tender a claim to your insurer under your policy for business interruption losses, and in response your insurer denies coverage several months later. You have decided to wait to see how courts ultimately rule on the various coverage issues posed by these claims, but the cases are ongoing and a year has passed since you first submitted your claim. How long can you wait to sue?
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