A recent ruling from the High Court in the United Kingdom provides guidance for Australian businesses claiming on their business interruption insurance policies for loss and damage suffered from closures and restrictions caused by Covid-19.
Some business interruption insurance policies are more effective than others. For example, a policy specifically including coverage caused by disease. The ruling is indicative of what the Australian courts may do when determining whether or not an insurer is to indemnify.
We encourage businesses who have suffered loss and damage to review their business insurances and consult with their broker in relation to whether an effective claim could or should be brought.
Please contact the team at Access Law Group for assistance in pursuing your insurer.