top of page

Insurers must pay small firms for Covid lockdown losses



Tens of thousands of small businesses will receive insurance payouts covering losses from the first national lockdown, following a court ruling.


The Supreme Court found largely in favour of small firms receiving payments from business interruption insurance policies.


For some businesses it could provide a lifeline, allowing them to trade beyond the coronavirus crisis.


The ruling could cost the insurance sector hundreds of millions of pounds.



Source: BBC News

bottom of page