Most UK firms do not have coronavirus coverage, insurance industry told

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City regulator will not intervene over businesses ineligible for payouts

Most UK businesses will not be eligible for insurance payouts over the Covid-19 lockdown, the City watchdog has warned, adding that it was not prepared to intervene on their behalf.

 

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Wouldn’t matter if they did, the insurance companies would just remove it. Holiday insurers just remove cover as and when they want.

Crazy headline. Why would anyone take out a policy for something that didn't exist? Oh wait… acts of God

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