HB 5739 Summary

• Requires insurers delivering, issuing, or renewing business interruption insurance policies in Michigan to include coverage for business interruption losses due to COVID-19.

• Coverage must indemnify the insured for any loss of business or business interruption during the declaration of state of emergency under Executive Order No. 2020-04, subject to policy limits.

• Applies only to business interruption policies in force on the bill's effective date and issued to insureds with fewer than 100 eligible employees in Michigan.

• Defines "eligible employee" as a full-time employee working a normal workweek of 25 or more hours.

• Defines "business interruption insurance" as coverage against loss or damage to property, including loss of use, occupancy, and business interruption.