If you don't ask, the answer will always be no.

The High Court has ruled that 4 pubs owners who took action against FBD Insures for their failure to compensate the pub owners for the losses caused by the pandemic are entitled to be compensated by FBD for the disruption their businesses suffered due to Covid 19.

So What?

This decision is a landmark decision that will have a knock-on impact for thousands of businesses across Ireland and possibly including yours. Many businesses are finding themselves in a position where their Insurance providers are not compensating them for losses and disruption caused by the pandemic despite the fact that there is a business interruption clause within the policy.

So what does this mean for your business?

The decision, while very welcome is not a blanket order for insurers to pay out on business interruption claims. Ultimately it will be the wording of the policy that decides whether you have a valid claim or not.

At Clarke Jeffers we can assist you and your business in interpreting your policies and advising on the impact that this decision could have on your business and whether you might be entitled to make a successful claim. Very importantly, there may be a time lint within your policy to take actions in the event of cover being refused.

What do you need to give us to see if you are entitled to Cover:

1. A copy of your insurance policy.
2. A copy of the policy Schedule.
3. Any correspondence with your insurer on the topic of cover (Particularly any letter declining cover)
4. A general summary of your business type and how Covid has effected your business.

Remember. If you don't ask for help then you wont get it. What is the harm in being sure...

 Contact us today with your query on [email protected]