Little insurance cover for Covid-19 impact on business

Companies should seek professional advice on whether they are entitled to any insurance benefits against the consequences of the state of disaster declared in response to Covid-19, says legal firm Knowles Husain Lindsay director Nicholas Taitz. The reality is that most commercial policies issued in South Africa provide no protection against loss of revenue. While there are certain extensions of cover available in the South African market, there are also exclusions from cover in some policies, he says.

from Engineering News | Home https://ift.tt/2SW8Fpn