Article Tag: Financial Ombudsman Service

COVID-19: Insurers Challenged in Business Interruption Insurance Test Case

The pandemic has revealed that a large proportion of UK SME’s standard Business Interruption Insurance Policies (‘BI Policies’) do not provide cover for business interruptions caused by Covid-19. Typically, these policies  only cover losses arising from property damage, leaving a significant number of SMEs inadequately insured. However, even where a BI Policy states that it… Read more »