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Make insurance companies pay out for business interruption due to Coronavirus

Submitted on Wednesday 18th March 2020

Rejected on Tuesday 31st March 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Make insurance companies pay out for business interruption due to Coronavirus

Petition Details

Insurance companies are currently refusing to pay out pubs, restaurants and any business claiming for business interruption due to the Coronavirus. We want the government to make insurers pay out when a business has business interruption cover and especially when they have disease extension.

Additional Information

This will be a major cost to the government if insurers are able to not pay out for this claim, no business anywhere will have specific cover for “Covid19”. Thousands of businesses will go under and this will cost the government and tax payer billions. But the insurance companies will come out of it unscathed.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

The decision to pay out under a policy is one for individual insurance companies, not the UK Government or Parliament.

If you are unhappy with the decision of your insurer you should complain directly to them.

If you are unsatisfied with how an insurer responds to your complaint you may wish to contact the financial ombudsman: www.financial-ombudsman.org.uk/businesses/complaints-deal/insurance

You can find out what Government support is available for businesses as a result of the coronavirus here: www.businesssupport.gov.uk/

You can find out about what Government support is available for people as a result of coronavirus (under the section on employment and financial support) here: www.gov.uk/coronavirus

You can find out more about coronavirus and how you can protect yourself and others here: www.nhs.uk/conditions/coronavirus-covid-19/

You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

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