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.
Insurance companies have stated that the government has said enough to trigger payment of claims for loss of income due to closure due to pandemic but not many have that level of cover.
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.