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As I understand it some policies have named virus that can be claimed for.
This is new no?
So unlikely to get a payout
Better some avoid the pub , some get the virus , just not all at once .
It won’t be Boris that killed 500,000 it’s the virus .. it’s the bloody virus . -
The message being promoted by UK Hospitality the past two weeks that insurance will pay out is incorrect. Same goes for other trade sectors.
pullingteth
marcomarcos
@frankenbike
Regarding insurance - I am highly, highly sceptical that the insurers would be able to pay out if every single bar, restaurant, pub and cafe in the country claims a few month's worth of expenses. Sure, we save some pub owners from unemployment but then all the insurance companies collapse and their employees all lose their jobs. And then whoever is first in the queue for a payout survives, and the rest go bankrupt anyway.
There aren't any easy answers