We understand many customers have been affected by Covid-19 and have experienced interruption to their businesses.
The Financial Conduct Authority (FCA) recognises the uncertainty around whether business interruption insurance claims due to Covid-19 are valid. It believes this needs to be resolved as quickly as possible, and is taking a test case to the High Court so it can give a legally binding judgement on the matter.
The FCA has said most small business insurance policies don’t cover the Covid-19 pandemic. However, some policies are more complex, so the FCA is working with insurers and asking the High Court to determine the legal position on these policies.
It should give small business owners with business interruption insurance more certainty as to where they stand with claims relating to Covid-19.
The High Court test case started on 16 June 2020. You can find more information on the case and subscribe for email updates on the FCA website.
If there’s an incident which could lead to a claim, you can contact our claims team 24/7 on 0333 207 0560, or you can start a claim online.
Once you’ve filled out the form, the team will give you a call back to discuss your claim in more detail.
We've got a team of UK-based experts ready to help. You can give them a call on 0333 016 4504
Mon-Weds 09.00am - 05.30pm, Thurs 09.30am - 05.30pm, Fri 09.00am - 05.30pm, Sat 09.00am - 02.00pm
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© Copyright 2020 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.