Extended business income coverage will often apply after a business suffers a direct physical loss or damage that prevents it from reopening. (Photo: iStock)

Analysis brought to you by the experts at FC&S Online, the recognized authority on insurance coverage interpretation and analysis for the P&C industry. To find out more — or to have YOUR coverage question answered — visit the National Underwriter website, or contact the editors via Twitter: @FCSbulletins.

Question: The insured is a Certified Public Accountant (CPA) whose office suffered minor direct physical damage from the impact of Hurricane Maria when water seeped thru the roof and ceiling.

The insured's office also lost electrical power as a result of the hurricane impacting the island's power generation, transmission and distribution lines. Fallowing the event and in just a couple of days, the CPA firm was able to resume operations with the use of generator, which provided 100% of their electrical needs. The insured's policy does have the Utility Services — Time Element endorsement with the Power Supply coverage (CP 15 45 10 12).

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