Property & Commercial policies underwritten with Allianz
To help your clients whose premises are unoccupied, Allianz extended their unoccupancy period to 90 days. They’ve also updated their guidance on declaring furlough payments for SME and mid-corporate customers as well as premium payment for customers facing financial difficulty as a direct result of COVID-19.
Updated 13 May 2020
In light of Covid-19 restrictions imposed, the defined time frame for a building to be deemed Unoccupied has increased to 60 days with immediate effect.
Up until the 60 Day period, full policy coverage applies (subject to the Policy Terms and Conditions).
We are keeping a close watch on developments and will advise of any further amendments as they arise.
In the meantime, please do not hesitate to contact your underwriter should you have any queries.
Published 30 March 2020