Insurers ordered to pay out – An Important development in recognising insurance claims for small business losses caused by COVID-19
In March 2020, as a result of the emergence of COVID-19, a number of small businesses made claims through their insurance policy providers for loss of earnings. They relied on provisions within those policies that ostensibly covered events of business interruption. The insurers refused to pay for losses claimed on the basis that the policies didn’t cover the unprecedented restrictions arising from COVID-19.
Key issues for commercial tenants to consider when the landlord’s ability to forfeit a commercial tenancy for non-payment of rent is reinstated.
Sally Johnston joins the Ignition Finance team to discuss the different loan funding options for SMEs affected by the Coronavirus pandemic.
A guide to the practical steps that borrowers can take when experiencing financial difficulties as a result of the COVID-19 pandemic.