Business Interruption: COVID-19 Pandemic
PLEASE READ – CONTAINS IMPORTANT INFORMATION!!!
RE: Business Interruption – COVID 198 Pandemic – Gary Nichols SIS
We have received a few enquiries regarding whether our commercial clients have business interruption cover following the Coronavirus disease (COVID-19) pandemic.
Unfortunately no such triggering perils exists within the conventional Business Interruption cover.
A limited form of “Contingent Business Interruption” cover does however exist and provides cover for Murder, Suicide and Infectious diseases under very defined circumstances . This extension was not intended for a pandemic like disease and was intended for localised infectious diseases like yellow fever, Ebola etc. This cover was traditionally only purchased by hospitals and large hotels. Following the outbreak, this extension is however no longer available.
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Tel: (012) 345 1448/5105
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Postal Address: P O Box 406, Wingate Park, Pretoria, 0153
Physical Address: 746 Woody Street, Wingate Park, Pretoria
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