On 3 February 2021, the Provincial Court of Girona issued Judgment 59/2021 in which an insurance company has been compelled to pay €6000 to the insured for the losses sustained by his restaurant as a consequence of the restrictions imposed by the Spanish Government following the Covid-19 crisis.

In this specific case, the insurance policy included cover for loss of earnings/business interruption (pérdida de beneficios/paralización de la actividad) where a daily compensation of €200 was to be paid during a period of 30 days (no deductible applicable) in the case of business interruption.

You can read the rest of the article here

Asia Pacific News