Most coronavirus-hit UK firms not protected by their insurance policies

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Most coronavirus-hit UK firms not protected by their insurance policies
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  • 📰 The Guardian
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Most policies exclude cover for pandemic-related sales losses as calls grow for more government help

Most British companies that suffer a loss of sales or shut down due to the Covid-19 pandemic are not protected by their insurance policies, the Association of British Insurers has told MPs, leaving firms exposed to bankruptcy even when the government orders them to close.

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