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Business Insurance Claims, what are your thoughts?
Hi troops,
Any-one been checking their insurance for business interuption pay-outs??
Ours has a ‘diseases’ section!!
Apperently corona virus or covid 19 isnt on the ‘list’.
Just waiting for an e-mail from them to see what is actually on it!!
Fred
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8 Replies
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Good point Fred – I’ll be checking mine and contacting my broker to see if I can make a claim :thumbsup:
My Father in law (retired insurance broker) used to say you only find out if your cover is any good once you make a claim.
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We checked ours out last week.
Ours has diseases etc included, but NOT Corona. :rollseyes: -
Ours doesnt cover it either.
I’m off out to try and catch something that is covered….
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I’m pretty sure you would be covered for a fire though…
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Ha, I wouldn’t count on it!
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On a serious note though, I’d be interested to hear of anyone who is covered against this.
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Our broker explained that policies used to cover notifiable diseases. That was until i think SARS, which saw them pay out and near cripple the insurance industry.
So now if it ain’t on the list, you ain’t getting paid.
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Insurance Cover relevent and Covid19.
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