Loss of Rent claims and COVID-19
Discussions about insurance and the COVID-19 pandemic have predominately focused on Business Interruption claims. This paper considers another type of claim arising from the pandemic, Loss of Rent.
The writer, Ross Macpherson, outlines some of the questions that may need to be answered in consideration of a Loss of Rent claim, including whether the loss of rent is irrecoverable or deferred, the requirements of the lease agreement and the type and wording of the insurance policy.
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