U.K. media businesses affected by the coronavirus pandemic can expect no relief from insurance companies unless the disease is specifically covered in their contracts.
The U.K. government’s failure to issue a diktat to businesses — including cinemas and theaters — to shut down, and instead advising people to simply “avoid” social venues, has caused widespread concern that the soft directive has rendered them ineligible for insurance claims.
However, an advisory issued by the Association of British Insurers (ABI) makes it clear that payouts are unlikely even if businesses are shuttered by government order. “Standard business insurance policies are designed and priced to cover standard risks and are therefore very unlikely to provide cover
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.