Stop stalling on Covid payouts Fedhasa tells insurance firms
22 December 2020 3:08 PM
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Last week the High court ruled that Santam should pay its client s business interruption claims.
There cannot be a more urgent time for insurers to pay out businesses for losses due to the Covid-19 lockdown.
That from the chairperson of the Federated Hospitality Association of South Africa (Fedhasa) on Tuesday.
Last week the High Court ruled that Santam should pay its clients Ma-Afrika Hotels and The Stellenbosch Kitchenâs business interruption claims.
Despite the significance of the ruling Anderson says there have still been delays to the payouts of business interruption cover.