Final Guidance: Business interruption insurance test case - proving the presence of coronavirus (Covid-19)

The Financial Conduct Authority issued this final guidance to clarify the legal test for proving the presence of coronavirus (Covid-19) within policy-defined distances for business interruption insurance claims. It establishes that claimants must demonstrate the existence of cases of the disease within the specified radius of the insured premises, rather than merely proving the general prevalence of the virus. This document resolves key issues arising from the FCA test case to provide certainty for insurers and policyholders regarding coverage triggers during the pandemic.

United Kingdom

Financial Conduct Authority

Open consultation Read more about Open consultation

11/12/2020

Consultation closed

18/01/2021

Final Guidance

03/03/2021