Fish and chip shops with a business interruption (BI) policy that covers ‘disease within a particular distance from the premises’ can use a new Covid-19 calculator to help prove the presence of the virus in their area.
The results can be used to help pursue a claim under a business interruption insurance policy.
The calculator, introduced by the Financial Conduct Authority (FCA), uses data from Government Reported Cases and Imperial College Estimated Cases to establish the number of positive Covid-19 tests in each local tier local authority (LTLA). If the calculator shows that there is one or more cases, businesses can use the report to support their business interruption claim.
The Covid-19 calculator is intended for small businesses with a policy that covers disease within a particular distance from the premises. It is not designed for policies that only cover disease ‘at the premises’.
To use the calculator click here.