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  • Business Insurance Claims, what are your thoughts?

     Robert Lambie updated 10 months ago 4Members · 9 Posts
  • Fred McLean

    Member
    March 23, 2020 at 4:07 pm

    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

  • Phill Fenton

    Member
    March 23, 2020 at 5:05 pm

    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.

  • Robert Lambie

    Member
    March 23, 2020 at 5:17 pm

    We checked ours out last week.
    Ours has diseases etc included, but NOT Corona. :rollseyes:

  • David Wilde

    Member
    March 23, 2020 at 5:44 pm

    Ours doesnt cover it either.

    I’m off out to try and catch something that is covered….

  • Phill Fenton

    Member
    March 23, 2020 at 6:22 pm

    I’m pretty sure you would be covered for a fire though…

  • David Wilde

    Member
    March 23, 2020 at 6:40 pm

    Ha, I wouldn’t count on it!

  • David Wilde

    Member
    March 23, 2020 at 6:41 pm

    On a serious note though, I’d be interested to hear of anyone who is covered against this.

  • David Hammond

    Member
    March 23, 2020 at 9:25 pm

    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.

  • Robert Lambie

    Member
    March 24, 2020 at 5:10 pm

    .
    Insurance Cover relevent and Covid19.
    Interesting Video.

    $this->BBvideo_pass(‘$8’, ‘$4’, ‘$7’)

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