Some firms are using technicalities to avoid honouring policies.
A Midlands TD is calling on the central bank to issue guidance to insurance companies that are refusing to honour policies.
Robert Troy says some insurers are using technicalities to avoid paying some small businesses who had to close because of Covid 19.
He says he gathered data from a survey with over 500 SME companies replying in just 48 hours.
Deputy Troy says over 78% of respondents say they wont be able to re open if they are closed for a prolonged period of time if no compensation is payed:
Keep up to date on all the latest news: https://t.co/7HSDpFIm18
— Midlands103 (@Midlands103) March 25, 2020
Ploughing 2026 Live Day Two: Livestock Competitions Heating Up In Offaly
Westmeath Market House Redevelopment Could Begin Construction By December
Ireland's EU Commissioner Welcomes US Tariff Lift On Irish Whiskey
Offaly’s First All-Ireland Winning Hurling Manager Andy Gallagher Dies Aged 89
Cistercian College Continues Ploughing Championships Tradition
EU Proposes Tighter Social Media Rules For Under-15s
Water Conservation Order To Be Lifted Early Across 13 Counties
Man Arrested In Ploughing Championship Public Order Incident