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Santam sued for denying business interruption claims

Posted On: Sep. 2, 2020 9:40 AM CST


Businesses in Cape Town have sued South Africa-based insurer Santam Ltd. for denying COVID-19 pandemic-related business interruption claims, The Africa Report reported. The insurer says that the government-imposed lockdown, and not the pandemic, caused business losses and therefore the infectious diseases clause in its policies does not apply.

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