OFFICIALS, BUSINESS LEADERS TO CALL ON TRUMP, CUOMO TO DECLARE CORONAVIRUS A TERRORIST ACT
ACTION WILL RELEASE INSURANCE CLAIMS FOR BUSINESS INTERRUPTION
WHEN: TODAY Tuesday April 21, 2020 AT 3 p.m.
WHERE: Live Stream at:
www.facebook.com/anthonypalumboforassembly
or
Or in person at the office of Assemblyman Tony Palumbo,
30 West Main Street Suite 103
Riverhead , NY
631-727-0204 (Social Distancing respected)
WHAT: Officials and business leaders push for bold action to save local businesses and the economy.
WHY: Claims from business owners with disruption riders can be paid.
This will allow insurance companies to pay out business disruption claims with reimbursement through the Terrorism Risk Insurance Fund.
It was recently revealed that China knew about the dangers posed by the virus early on, yet did nothing to stop its spread.
"It is clearly an act of terrorism to intentionally conceal a deadly virus that can infect millions and cause economic devastation around the world,” Assemblyman Palumbo said. “With this declaration we can not only sue China for damages, we will also gain access to hundreds of billions of dollars for our businesses under the Terrorism Risk Insurance Fund."
“We are calling on President Trump and Governor Cuomo to declare the virus an Act of Terrorism to clear the way for money from the Terrorist Risk Insurance Fund to quickly flow to business owners who need it most,” said Assemblyman Joe DeStefano.
According to Gary Pollakusky of the Rocky Point Sound Beach Chamber of Commerce, “Our businesses are in crisis and are counting on the President and Governor do everything they can to make sure we survive.
“Businesses are on life support due the virus,” said Riverhead Councilwoman Jodi Giglio. “They pay high insurance premiums and need the companies insuring them to be there for them. This declaration will help these businesses survive.”
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