Articles - Help to those affected by riots


 The British Insurance Brokers' Association (BIBA) is advising those people unfortunate enough to be affected by the recent riots around the UK to speak to their insurance broker as soon as possible so they can assist with their loss.

 Most home insurance should cover people for fire, looting or damage and many policies will also cover people for alternative accommodation costs if they cannot stay in their home.  Commercial insurance policies will normally cover businesses for damage to their premises, including the financial loss due to interruption to their business as a result.  Some policies will also cover those businesses which are not damaged, but whose trade is affected by the aftermath.

 Graeme Trudgill, BIBA's Head of Corporate Affairs, said: "We want to do everything we can to help those affected.  It is important for people to contact their insurance broker to arrange for immediate help and support and to make the affected property as secure as possible."

 Steve Foulsham, BIBA's Technical Services Manager, commented: "The majority of insurance providers operate a 24 hour claims line and can help people arrange for emergency repairs and the damage to be inspected as quickly as possible."

Back to Index


Similar News to this Story

Latin American Earthquakes: Prompts financial lines shake-up
The recent earthquakes in Venezuela, Colombia and Peru have rightly focused attention on physical damage, business interruption and catastrophe loss
Enriched vehicle data central to Motor Insurance Pricing
In 2023, the conversation in the motor insurance market was dominated by record premium costs[i], intense shopping activity and fierce competition for
Pension savers need more support at retirement
Whether it is a defined contribution occupational pension scheme, subject to trustee fiduciary duty, or a workplace personal pension, subject to consu

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.