Article by: Areeb Mukaddam
Are you a business owner that has been unable to receive an income due to the Covid 19 pandemic? If you have business insurance you will be able to claim for these losses that you suffered. Some business interruption policies include cover for contagious diseases.
Big insurance companies are hesitant to pay out, claiming that the income losses stem from the government-induced lockdown, and not from the disease itself. However a Cape Town restaurant just won a key court battle, which seems to make insurers nervous. In this case the court ordered the insurer to cover the losses incurred to due lockdown.