How long does it take for businesses to get insurance payouts for coronavirus losses?

HOW LONG IT WILL TAKE FOR INSURERS TO PAYOUT BUSINESS INTERRUPTION INSURANCE CLAIMS? Whether you’re seeking to make a claim under Business Interruption Insurance for losses from coronavirus, or are looking to challenge an existing decision, you will want a resolution quickly. After a year of lockdowns and uncertainty, any wait for decisions and payouts […]

How do I claim Business Interruption Insurance and what are my chances of getting a payout?

The coronavirus pandemic has hit small and medium businesses hard, with the Federation of Small Businesses predicting over 250,000 small businesses face collapse without additional support. That’s where many have turned to their business insurers for hope. While no business owner could have predicted the outbreak of coronavirus, many felt secure in the knowledge that […]