Insurers have been trying to wriggle out of all kinds of claims, using Covid-19 as their excuse. I’ve heard from angry readers who have come up against this when making claims for travel and car insurance. But businesses have been struggling to get money too – and it’s having a knock-on effect when customers ask for refunds.
Business interruption insurance is a policy many businesses take out to ensure against unforeseen events that affect the operation of their business. This type is designed for a pandemic-style of event, to protect loss of income that businesses experience as a consequence.
But companies across the country have been reporting that insurers have been knocking back claims. Operators in the leisure sector are citing this as the reason for not refunding customers. Read Full Story Here – https://www.mirror.co.uk/money/my-insurer-refusing-pay-out-22138462
Story First Appeared On Mirror – https://www.mirror.co.uk/money/my-insurer-refusing-pay-out-22138462