EDITORIAL: Much is at stake in tourism sector’s rejected insurance claims
A fair settlement seems to be the best way to end a deadlock over business interruption policies
17 June 2020 - 05:05
As nothing is more infuriating than learning that the small print of a contract or insurance policy nullifies one’s claim for compensation, there is likely to be immediate sympathy for those Covid-19-hit tourism and hospitality businesses whose claims have been rejected by a number of insurance companies.
On the other hand, if the claims threaten the very survival of the short-term insurance companies involved, their resistance to accepting them is understandable...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.