United Kingdom · Question · Written question
UIN 131326
Coronavirus Business Interruption Loan Scheme
Introduced
17 December 2020
Last action
11 January 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
11 January 2021
Summary
To ask the Chancellor of the Exchequer, in circumstances where a business has a successful Business Interruption policy claim met and the loss adjuster deducts from that claim the amount the business had received in furlough payments, whether insurance co
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Timeline
17 December 2020
Written question
To ask the Chancellor of the Exchequer, in circumstances where a business has a successful Business Interruption policy claim met and the loss adjuster deducts from that claim the amount the business had received in furlough payments, whether insurance co
Source: Commons
11 January 2021
Answer
The Financial Conduct Authority has advised that all deductions from business interruption insurance settlements should be assessed on a case-by-case basis. The individual policy wording generally sets out the basis on which the sum due to the policyholde...
Source: Written answer
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Sponsors
- · Treasury · Answering body
Related records
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-12-17/131326
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1272023
- uk · wq-1272023 · source updated 11 January 2021