Uncertainty looms for business interruption insurance claims

📆 21/09/2020 04:39:00
📰 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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