Saturday April 4, 2020

Covid-19: Insurer said it would pay out if closures were ordered by state

Pubs that closed following request by Health Minister would not be eligible for FBD’s business interruption cover

23rd March, 2020
Simon Harris, the Health Minister, asked all publicans to close their doors on March 15, in effect leaving them with little option other than to comply. Picture: Sam Boal/Rollingnews.iw

FBD recently told business customers that their insurance would cover losses associated with the Covid-19 outbreak so long as they were instructed to close their doors.

The Irish insurer said last week that its policies did not cover pandemics. The Business Post, however, has seen documents that show customers were explicitly told that their policies would cover them in the event of having to shut as a result of the coronavirus, provided they did not...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Irish farmhouse cheeses have suffered a major hit since Covid-19 struck with supermarkets making room for bulk-buy products

Gillian Nelis | 5 days ago

Ireland’s food producers are having to rapidly adjust to a changing world. Three of them tell Gillian Nelis how they are adapting their business models to cope with the new reality

Gillian Nelis | 5 days ago

Nightmarket in Ranelagh has cut staff and turned to takeaways and home deliveries, while Wexford chocolatier Bean & Goose hopes online sales will mean a happier Easter

Gillian Nelis | 1 week ago