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Insurance sector 'takes no pleasure' in declining Covid-related BI claims, insists ABI

By 2020-05-28T07:01:00

Huw Evans, ABI

In an open letter to SME signatories, the ABI director general says state support is the only way to make pandemic insurance affordable for small businesses

The ABI has responded to an open letter from small business owners and their representatives, emphasising that while “the insurance sector takes no pleasure in declining claims”, business interruption (BI) policies “are not designed to cover an unspecified global, viral pandemic that is not present on the premises”.

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