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Small businesses urged to submit COVID-19 BI claims



The Australian Securities and Investment Commission and the Australian Financial Complaints Authority are urging small businesses to lodge business interruption insurance claims to recoup losses resulting from the COVID-19-related shutdowns, Smart Company reported. Only 3,000 businesses have lodged BI claims since the start of the COVID-19 pandemic in March 2020. Currently, the Australian courts are hearing two BI test cases.

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