Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

AXA: compensation limited to companies affected by COVID-19

Tweet [1] [2]
Magazine Issue: 
Insurers up against the pandemic [3]
Magazine date: 
Apr 2020

AXAAXA is committed to indemnifying nearly 4.000 businesses whose activity has been suspended due to the Coronavirus [4].

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 [5]

Fri, 03/04/2020 - 14:10

Source URL: https://www.atlas-mag.net/en/article/axa-compensation-limited-to-companies-affected-by-covid-19

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Faxa-compensation-limited-to-companies-affected-by-covid-19&text=AXA%3A+compensation+limited+to+companies+affected+by+COVID-19
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Faxa-compensation-limited-to-companies-affected-by-covid-19&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-pandemic
[4] https://www.atlas-mag.net/en/article/coronavirus-toll-and-consequences
[5] https://www.atlas-mag.net/en/article/covid-19-towards-a-rise-in-corporate-failure-rate-in-2020