Uncertainty looms for business interruption insurance claims

📆 21/09/2020 05:39 ص
📰 BusinessTimes

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ALREADY struggling for survival amid the deepest recession in years, some business owners have also discovered in recent months that the insurance policies they bought for cover against business interruption - and that they are paying thousands of dollars in annual premiums to sustain - will not be paying them a cent. Read more at The Business Times.

"Business interruption policies usually require damage to property. One of the issues faced now is whether the presence of Covid-19 constitutes damage.

"ALREADY struggling for survival amid the deepest recession in years, some business owners have also discovered in recent months that the insurance policies they bought for cover against business interruption - and that they are paying thousands of dollars in annual premiums to...

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Synagie to partner computer manufacturers to expand insurtech businessCATALIST-LISTED Synagie Corporation is partnering leading computer manufacturers to, among other things, bundle its accidental damage protection solutions and third-party administration services in major government tenders for the supply of laptops and tablets, it said late on Thursday in response to Singapore Exchange (SGX) queries. Read more at The Business Times.
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