However, it must be noted that such policies form an exception to the general rule and are therefore not common in the Dutch insurance industry.Īre there any court proceedings currently dealing with the validity of BI claims?Īs of July 2022 we are aware of two cases in which the insured challenged a denial of BI insurance coverage in court. This can be illustrated by the two cases discussed hereafter. It could be possible, however, that insurance policies do cover losses that are not directly related to material damage, if the policy includes an additional “Communicable Disease” clause. In general, damage due to BI as a result of the coronavirus does not qualify as material damage to property, or as a named peril, and is therefore not covered. In principle, business damage is only covered by BI insurance if there is material damage to insured property (such as real estate or inventory), caused by a risk specified in the policy conditions (“named peril”). The Dutch Association of Insurers specifically points out that in this case the government is taking measures to help businesses ( ).ĭo insurance policies in your jurisdiction generally restrict BI to losses directly resulting from physical damage? However, the Dutch market seems broadly unanimous: damage due to the coronavirus is in principle not covered by BI insurance. Unsurprisingly, the AFM has not released a statement about contractual uncertainty around the validity of BI claims. The Autoriteit Financiële Markten (AFM) regulates insurers and other financial service providers, but does not interfere with civil law matters pertaining to policy coverage. #Netherlands corona tracker licenseWe will always indicate the original source of the data in our documentation, so you should always check the license of any such third-party data before use and redistribution.Īll of our charts can be embedded in any site.Has the official regulator/authority intervened to help resolve contractual uncertainty around the validity of BI claims? The data produced by third parties and made available by Our World in Data is subject to the license terms from the original third-party authors. You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. #Netherlands corona tracker codeNetherlands: Daily confirmed deaths: how do they compare to other = ,Īll visualizations, data, and code produced by Our World in Data are completely open access under the Creative Commons BY license. → We provide more detail on these three points in our page on Deaths from COVID-19. Since reporting can vary significantly from day to day – irrespectively of any actual variation of deaths – it is helpful to view the seven-day rolling average of the daily figures as we do in the chart here.
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