Have you had your Business Interruption Insurance Claim rejected due to Coronavirus? You may still be able to make a claim against your insurer. Read on to find out how to check if you have a claim.
The COVID-19 pandemic has impacted thousands of New Zealand businesses, many of whom were forced to stop operations causing serious financial strain and hardship. Although these businesses held Business Interruption insurance, many insurers have advised clients that their policy does not include cover for losses suffered as a result of COVID-19, due to various Pandemic Exclusion wordings or Infectious Disease exclusion clauses. However, this is not a one size fits all response. It’s important to note that every policy has a different clauses, and you may actually have cover under your Business Interruption Policy.
What are my options?
Was your business was forced to close as a result of the Governments response to the global coronavirus pandemic? Was your Business Interruption Insurance claim denied? You may still have options, and you are encouraged to obtain legal advice.
Our team of insurance litigation experts can review your policy, advise you about what is covered and guide you through the claim process. If you were declined insurance cover for Business Interruption, we can also assist you to challenge your insurer and help you get your claim paid.
We are Insurance Litigation Experts
Unfortunately it is common for insurance companies to go to great lengths to avoid paying out clients covered under their policy when things go wrong. Our expert legal team are highly experienced at seeking justice for our clients when insurance companies make the claim process difficult and wrongly decline claims. Please submit an enquiry and a member of our insurance law team will be in contact to discuss your situation.
What is the legal process for Business Interruption Insurance claims?
Shine Lawyers work closely with our clients to explain the legal process and help you to clearly understand your rights. While no two claims are the same, a general outline of the legal process is provided below.
We are here to help you right wrong.