Central Bank urged to deal with Insurance Companies that fail to pay out for Covid Disruption



A Donegal TD is calling on the Central Bank to use its supervisory and enforcement powers against insurers refusing to pay out to thousands of businesses covered for business interruption in their policies who were forced to close due to Covid-19.

 

Sinn Féin Finance spokesperson Pearse Doherty TD says many business including some in the local region have been impacted.

 

 

Speaking to Ocean FM Deputy says that a number of companies are refusing to pay out for insurance cover that these businesses paid extortionate premiums for.

 



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