The current situation doesn’t appear to give the UK a clearer view of what a post-Brexit Britain will look like, and it’s time to start planning for what happens if there is a no-deal Brexit. We have compiled four key points relating to your insurance, that business owners should be looking at in order to make sure they aren’t caught out on 31st October.
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Now extended- offer closes 31st December! We have partnered with Creditsafe so registered members can access Creditsafe’s full platform for free for 90 days, after which you will have a 20% discount.
The Financial Conduct Authority (FCA) have been seeking guidance through a Test Case in the interpretation of certain policy wordings on Business Interruption and the impact of the coronavirus (COVID-19) pandemic.
The insurance market has always been subject to a ‘cycle’ with rates going down in competitive times and then up again when premiums become too low for Insurers to write profitable business. Now, after a prolonged period of decreasing premiums, rates are increasing.
We have been asking FSB members to participate in a survey on how businesses have been affected by the lockdown. The survey was intended to determine how a dual effort between the Government and Insurance industry can build a cashflow protection product to help businesses in the event of a future government lockdown.
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