FBD Insurance is changing the wording of its commercial insurance policies for businesses such as pubs and bars to exclude infectious diseases such as COVID-19 from coverage.
As reported by The Irish Independent, FBD started to update its pub trade policies last month to reflect the firm's position that COVID-19 and other infectious diseases should not be covered by business interruption insurance, and the new wording is being rolled out across other commercial insurance products on an ongoing basis.
Hearing About Pubs Dispute
The news comes just over a week before FBD is scheduled to face a hearing about a dispute between the insurance company and several Irish pubs over whether the company is required to pay for losses resulting from the closure of pubs due to the COVID-19 pandemic. The hearing is due to take place on October 6.
© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
