FCA launches consultation to determine how to prove Covid-19 presence for BI claims

guidance

The regulator wishes to be prepared should the Supreme Court agree with the High Court’s judgment

The FCA has launched a consultation on guidance to help brokers, insurers and policyholders determine the presence of Covid-19 within certain areas – this is to ensure that business interruption (BI) claims can be paid as promptly and fairly as possible should the Supreme Court side with the High Court’s judgment.

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