Chat about Novel Coronavirus - 2019-nCoV - COVID-19

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skinny in reply to @SomethingOrOther

This is factually incorrect though:

No great jump in events from government not “closing” public places so they can’t claim insurance to small business owners in huge debt followed by huge depression followed by suicide.

The chancellor.today said insurance companies will be paying out if policies are valid, regardless of not closing. And most polices are not valid as they dont have insurance against such things.

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SomethingOrOther in reply to @skinny

So you have never seen businesses go under, owner in depression followed by the latter?!

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skinny in reply to @SomethingOrOther

I think we are talking at cross purposes.

You said the government needs to order business to close to they can claim insurance. I said that is incorrect, the chancellor today stated insurance companies will be paying out on valid policies with the current stay away guidelines.

The problem is, most polices do not cover such events.

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