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United Kingdom · Question · Written question

UIN 49075

Insurance: Floods

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 September 2021

Last action

20 September 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

20 September 2021

Summary

To ask the Chancellor of the Exchequer, whether insurance companies are permitted to deduct the cost of furlough payments made to staff in a business insurance claim for flood damage.

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Timeline

  1. 14 September 2021

    Written question

    To ask the Chancellor of the Exchequer, whether insurance companies are permitted to deduct the cost of furlough payments made to staff in a business insurance claim for flood damage.

    Source: Commons

  2. 20 September 2021

    Answer

    Insurers must treat customers fairly and firms are required to do so under the Financial Conduct Authority’s (FCA) rules. As insurance policies differ significantly, businesses are encouraged to check the terms and conditions of their specific policy and ...

    Source: Written answer

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