Ambiguity in BI policy wordings is ‘natural’ following ‘black swan’ Covid outbreak

Max Richter Pic

The ambiguity in business interruption (BI) policy wordings related to Covid-19-based claims is “natural”, however this debate should be used as a catalyst for the insurance sector to proactively review contract small print in order to eliminate unclear phrasings that may prove problematic for insurers if applied to future “black ...

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