Central Bank warns insurance companies to interpret Covid-19 claims in favour of the customer

The Central Bank expects that the insurance industry will play its part.

The Central Bank has warned insurance companies that the government's advice to close businesses to prevent the spread of Covid-19 should be treated as a direction.

It follows fears that thousands of pubs, restaurants and businesses who shut their doors to comply with the Government's request could have their insurance claims rejected because they closed voluntarily.