COVID-19
Term · Insurance and risk management · MLC-T-INS-003619
A respiratory disease caused by the SARS-CoV-2 virus that was declared a global pandemic by the World Health Organization in March 2020. The pandemic led to widespread business interruption, event cancellations, and increased claims across health, life, and workers' compensation insurance lines. Insurers responded by clarifying coverage for communicable diseases, introducing new exclusions, and reassessing risk models for future pandemics.
| Identifier | MLC-T-INS-003619 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003619",
"term": "COVID-19",
"field": "Insurance and risk management",
"definition": "A respiratory disease caused by the SARS-CoV-2 virus that was declared a global pandemic by the World Health Organization in March 2020. The pandemic led to widespread business interruption, event cancellations, and increased claims across health, life, and workers' compensation insurance lines. Insurers responded by clarifying coverage for communicable diseases, introducing new exclusions, and reassessing risk models for future pandemics.",
"url": "https://mlchart.com/terminology/insurance/covid-19/"
}
Record 832 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.