Coronavirus: Insurance, Commercial Rent and Planning Regulations

Business Interruption Insurance

Businesses that have cover for both pandemics and government-ordered closure should be covered, as the government and insurance industry confirmed on 17th March 2020 that advice to avoid pubs, theatres etc is sufficient to make a claim.

  • Insurance policies differ significantly, so businesses are encouraged to check the terms and conditions of their specific policy and contact their providers.
  • Most businesses are unlikely to be covered, as standard business interruption insurance policies are dependent on damage to property and will exclude pandemics.

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Support With Commercial Rent

MHCLG announced that commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction. This is included in the emergency Coronavirus Bill currently going through Parliament, and will mean no business will be forced out of their premises if they miss a payment in the next three months.

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Relaxation On Rules For Businesses

The Department for Business, Energy & Industrial Strategy has produced a list of 15 rules that have been temporarily relaxed to make it easier for businesses to continue working through the disruption caused by Covid-19. These include:

  • Destroying spoilt beer: Temporary measure to help brewers and publicans
  • Eviction protection for commercial tenants: A ban on eviction for businesses who cannot pay their rent.
  • Pubs and restaurants to operate as takeaways: Pubs and restaurants will not need planning permission.
  • Hotel accommodation for key workers: Letter to hotel chief executives allowing them to offer accommodation to support key workers and vulnerable people.

Click here to see the full list of relaxed rules and more details on the changes to each rule.