The following information may help you prevent a breach of your insurance cover.
Government restrictions mean many businesses have closed temporarily which can result in buildings currently being left unoccupied.
Most insurance policies have unoccupied / security conditions and if your property/ies were unoccupied prior to the COVID-19 outbreak, then the usual security conditions required by their insurer are the same as before. These conditions may include among other things weekly visits, removal of combustible waste, switching off gas, water and electricity and letterboxes sealed.
Please refer to your policy wordings for the exact requirements defined by your insurer.
For premises that have become unoccupied during the COVID-19 outbreak due to Government restrictions, a number of insurers are relaxing their policy requirements for the time being. During this period, insurers will continue to review their position.
Please contact us immediately if:
- The outbreak has left you unable to comply with the policy requirements, as insurers need to be informed and any arrangement with insurers to relax or vary the requirements needs to be agreed in writing.
This pandemic has caused implications on different classes of insurance, which may have an impact depending on the type of policy you have. To keep up to date with information on the COVID-19 pandemic and potential impact on you please stay in touch with your account executive and regularly drop in to our website for updates.