We had Business Interruption (lost income) insurance as part of our insurance package for our home-based business. We have not been able to serve any clients since 23rd March as they could not come to our house. I put in a claim for business interruption, and have been told that Covid-19 is considered “an act of God” and so is not covered. Really annoyed, we’ve paid over £1200 in premiums every year for the past 3 years, never made a claim, and now try to make a claim it turns out the policy did not cover income lost due to a pandemic.
Has anyone else had their claims rejected on the same basis, and has anyone successfully found a way to claim?
Oh, what a pain! Unfortunately, a lot of insurers are using this vague clause as an excuse to not pay out. Does the small print of your insurance premium cover ‘contagious illnesses’ or similar? Some policies had blanket cover for any recognised contagious illness, and now COVID-19 is officially a reportable public health issue, insurers MAY cover it.
Viewing 3 posts - 1 through 3 (of 3 total)
You must be logged in to reply to this topic.
Join in these discussions today!
Log in or Register.