With the outbreak of Coronavirus impacting most aspects of daily life, millions will turn to their insurer to be reimbursed for lost income, cancelled weddings, holidays and unpaid rent by tenants. But as the economy is already feeling the strain from loss of revenue, will those insurance contracts, so dutifully bought by consumers and landlords, … Read more
With the outbreak of Coronavirus impacting most aspects of daily life, millions will turn to their insurer to be reimbursed for lost income, cancelled weddings, holidays and unpaid rent by tenants. But as the economy is already feeling the strain from loss of revenue, will those insurance contracts, so dutifully bought by consumers and landlords, … Read more
Insurers are pulling income protection insurance due to the coronavirus outbreak – and some are looking for ways NOT to pay out if you get sick Insurers pull out of the income protection market as coronavirus spreads Those still offering it reportedly planning to introduce coronavirus exclusions This means new policyholders won’t get a payout … Read more
British travellers facing delays and cancellations to their travel plans amid amid the coronavirus crisis were today thrown an additional headache as some of the UK’s big insurers started to withdraw the sale of new travel cover policies. Insurance giant LV stopped selling travel insurance last night in a move described by one expert as … Read more
Aviva and Direct Line have become the latest insurance giants to stop selling travel cover to new customers in response to the coronavirus outbreak. Holidaymakers who have already booked trips but do not have cover are being left stranded by the insurance industry, as insurers pull the plug on selling cover. The pair followed in … Read more
A practice known as ghost broking is on the rise with some victims being conned out of hundreds of pounds, in return for supposedly cheap car insurance, new research has revealed. Ghost brokers claim they can obtain car insurance for drivers at a low price, in exchange for a fee, with many victims actually just … Read more
Most insurance wouldn’t pay pubs, restaurants or theatres even if the Government ordered them to close their doors, insurers say The Prime Minister has urged the public to stay away from pubs and theatres Trade body, the ABI, says that most firms policies do not include this insurance Coronavirus symptoms: what are they and should … Read more
On Tuesday, Vice President Mike Pence announced that many insurance companies would be waving copays for coronavirus testing. This includes many of the leading insurers such as Aetna, Anthem, the Blue Cross Blue Shield Association, Cigna, Humana and UnitedHealth Group. ‘I’m pleased to report…that all the insurance companies here either today or before today have … Read more