Judges have ruled that the disease clauses in some insurance policies should have meant they are covered.
Most nurseries forced to close as a result of the pandemic were among thousands of small businesses that found they were unable to claim on their insurance, despite having business interruption cover included in their policies.
Many policyholders whose businesses were affected by the Covid-19 pandemic suffered significant losses, resulting in large numbers of claims under business interruption (BI) policies.
The test case was brought by the Financial Conduct Authority (FCA) in order to resolve the lack of clarity and certainty that existed for many policyholders making business interruption claims and the wider market.
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