Earlier in the year the Financial Conduct Authority (FCA) successfully brought a test case in the Supreme Court in relation to business interruption insurance, meaning that there is a lot more clarity around when an organisation may be eligible to make a claim. If your voluntary or community group had to close for a period during the pandemic, then in some circumstances you may be eligible to make a claim under your insurance policy.
RVA has been notified by a local voluntary organisation that they have been successful in making a claim and that the process has been fairly swift.
We would therefore encourage voluntary and community organisations who have business interruption insurance in place, to take a closer look at the terms of the policy and to also read the following information to identify if you may be able to make a claim
Further support:
If you would like further support to understand the above, please contact Herjeet at herjeet.randhawa@rva.org.uk