AXA: compensation limited to companies affected by COVID-19

AXA is committed to indemnifying nearly 4.000 businesses whose activity has been suspended due to the Coronavirus.

The three months' income compensation, will only be granted upon the occurrence of a case of coronavirus within the company. There are approximately 10 thousand policyholders who have subscribed a named perils insurance policy. These latter, will only be compensated if the COVID-19 is included in the list of risks covered by the policy.

All the insured benefiting from a COVID-19 coverage have been informed that the risk will be formally excluded upon renewal of the contract.

Read also | COVID-19: Towards a rise in corporate failure rate in 2020