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Friday, 26 March 2021

FINAL GUIDANCE: BUSINESS INTERRUPTION INSURANCE TEST CASE

 Hi,  it’s Deborah and Euzi


Following the Supreme Court decision of the Financial Conduct Authority's (FCA) test case concerning non-damage business interruption (BI) insurance claims, and the FCA's consultation for the same, the FCA has published Final Guidance: Business interruption insurance test case - proving the presence of coronavirus (COVID-19). The guidance will run from 3 March 2021 - 31 January 2022, by which time the FCA expects that all issues relating to proving the presence of coronavirus will have been resolved...


https://www.fca.org.uk/publications/finalised-guidance/business-interruption-insurance-test-case-proving-presence-coronavirus



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