The insurance industry has announced a suite of measures aimed at helping personal and business customers through the difficulties posed by the Covid-19 pandemic.
They include a reduction in premiums for business customers that will reflect the reduced level of exposure they have as a result of the restrictions as well as flexibility for those in financial stress.
However, insurer have also warned that most standard business interruption policies here do not support a claim for a pandemic such as Covid-19. "This is a complex issue, no insurance market in the world provides widespread insurance coverage for pandemics and Ireland is no exception," Insurance Ireland said in a statement. "However, insurers are very mindful of their