COVID: Business Interruption Insurance
Do you have a business interruption claim?
If your business closed or was disrupted by coronavirus, and you suffered financial loss, you may still have a claim against your business interruption insurance.
Issues surrounding business interruption policies and coronavirus are complex. There has been some clarity from the Financial Conduct Authority and the courts, but various points and policy wording remain unclear. New court judgments are expected shortly which may impact all business interruption claims.
Guidance from the FCA states that insurers should review the impact of each new ruling for policyholders, even if claims have already been settled or denied.
Your insurance broker can give you a preliminary view, but if you want another opinion on whether you may be covered, please get in touch.