COVID-19: Supreme Court backs small firms over business interruption insurance claims

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Supreme Court backs small firms over COVID business interruption claims

Judges were asked to set the parameters for valid claims from various policies following a test case brought by the Financial Conduct Authority with the support of eight insurance companies last summer., was widely seen as supportive for the bulk of the estimated 370,000 companies said to be affected by the dispute.Sept: Small firms welcome insurance ruling

A broad range of firms including pubs, cafes, wedding planners and beauty parlours argued they faced ruin when they were turned down by insurers for business interruption policy claims on losses caused by the first nationalReasons for turning down payouts by insurers included that policies demanded there be local cases in any outbreak situation.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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