There is a lot of ambiguity surrounding whether or not your insurance policy will respond to the current pandemic affecting so many businesses. We understand that the message to the market is that you are not covered for this unforeseen event and interruption to your business.
This might not be the case.
It has also come to our attention that some insurers may be offering a refund of premium on the policy you hold with them in circumstances where they are alleging that you are excluded from cover. We are concerned about the impact of this offer and what it may mean for you, particularly if it is our view that cover ought to be extended. Prior to accepting any such offer, we strongly recommend you take some advice.
Chamberlains’ Insurance Team can assist you in reviewing your insurance policy on a case-by-case basis and provide professional recommendations on your rights. For a fixed fee we will review your contract and give you initial recommendations on how to proceed.