One-third of business interruptions claims ‘valid’
Posted On: Aug. 27, 2020 9:12 AM CST
Insurance Claims Africa said that only a third of its clients holding a business interruption insurance policy have qualified for payment from South African insurers, Business Day reports. ICA represents around 700 businesses in the tourism and hospitality industry in their battle to get large insurers to pay COVID-19 pandemic-related business interruptions claims.