During this uniquely challenging and confusing time, HIG is doing our best to share as much straightforward and helpful information as we can with the people and communities we serve. Today, we would like to dive into some of the financial support for individuals and families that is included in the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act.
With Massachusetts Governor Baker and Rhode Island Governor Raimondo’s recent executive orders for all non-essential businesses to temporarily close their brick-and-mortar facilities, small businesses throughout the region are being financially impacted. During this uncertain and unprecedented time, many business owners are left with more questions than answers. Unfortunately, this likely won’t change anytime soon. As the COVID-19 outbreak continues to develop, our team is unable to speak directly to how business insurance policies will respond to a claim, and we would urge you to be wary of any agent who suggests otherwise. However, there are three things we can share with you at this time.