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

New investment paradigm: Navigating a world in transition
The world isn't facing a series of isolated shocks. It's experiencing a structural transition and investors need to build portfolios that ca
Stars of the Future 2026 - Nominate Now!
Actuarial Post are delighted to open our 2026 Awards by inviting nominations for Stars Of The Future 2026. You can now nominate someone for Stars of t
The power of compound growth
We know about it, we talk about it all the time (at least in the retirement savings world!) but because of the way our brains are wired and the mental

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.