"The UK’s biggest pub group has warned its publicans that their existing insurance policies will not cover them for loss of business because of coronavirus.
Ei Group – formerly known as Enterprise Inns and which owns a portfolio of more than 4,000 pubs – has told its managers that Covid-19 is not included in the group’s policy with the insurer Zurich and has advised them to consider seeking further cover elsewhere.
Industry sources indicated that it appears likely the problem could be replicated in other sectors.
In a letter sent to publicans last week, which has been seen by the Guardian, Ei said: “It has been confirmed that Zurich is not including Covid-19 in its notifiable diseases section. As such, any business affected by Covid-19 will not be able to claim for loss of trade.”
The move comes after many small-business owners had thought a problem with making insurance claims for coronavirus losses had been solved.
Earlier this month, the government bowed to pressure by changing its stance on insurance to declare coronavirus as a “notifiable disease” – a formal classification required by many insurance policies.
However, many of these existing policies cite specific diseases that businesses can claim for. As coronavirus is so new, it is not included in most of the lists."
Insurance policies for UK's biggest pub group do not cover Covid-19 | Business | The Guardian
Yeah, too right - mugs who bought this "insurance" should have insisted on including cover from COVID-19 explicitly, that will teach them!
P.S. From now on any lawyer worth his salt would insist on listing COVID-20, COVID-21, COVID-22 etc in that list...
Ei Group – formerly known as Enterprise Inns and which owns a portfolio of more than 4,000 pubs – has told its managers that Covid-19 is not included in the group’s policy with the insurer Zurich and has advised them to consider seeking further cover elsewhere.
Industry sources indicated that it appears likely the problem could be replicated in other sectors.
In a letter sent to publicans last week, which has been seen by the Guardian, Ei said: “It has been confirmed that Zurich is not including Covid-19 in its notifiable diseases section. As such, any business affected by Covid-19 will not be able to claim for loss of trade.”
The move comes after many small-business owners had thought a problem with making insurance claims for coronavirus losses had been solved.
Earlier this month, the government bowed to pressure by changing its stance on insurance to declare coronavirus as a “notifiable disease” – a formal classification required by many insurance policies.
However, many of these existing policies cite specific diseases that businesses can claim for. As coronavirus is so new, it is not included in most of the lists."
Insurance policies for UK's biggest pub group do not cover Covid-19 | Business | The Guardian
Yeah, too right - mugs who bought this "insurance" should have insisted on including cover from COVID-19 explicitly, that will teach them!
P.S. From now on any lawyer worth his salt would insist on listing COVID-20, COVID-21, COVID-22 etc in that list...
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