Petition updateGOV - RESCUE THE UK HAIR & BEAUTY SALONS UKNEED YOUR HELP - STOP INSURERS delaying business interruption claims and also deducting furlough
Anonymous AnonymousENG, United Kingdom
Mar 18, 2024

Please please take a minute to sign this petition!  https://www.change.org/BritishInsurersSelectCommitte

You helped us get furlough in first lockdown and now insurers are deducting this from insurance claims and are pocketing to bumper their profits!!! 

Please sign our petition to get insurers in our call to get insurers in front of a select committee to answer why they have not only continued to deny claimants what they are due
BUT
They are also secretly pocketing £billions in furlough from claimants!
Whilst policy holders wait to be paid on business interruption insurance cases won for covid lockdowns Insurers are secretly pocketing billions of pounds in furlough deducted from claims made by policy holders.
Although insurance companies are starting to pay out, they are also secretly pocketing taxpayers money as they are treating furlough payments as savings to claimants!
Businesses were paid furlough by the government whether they were forced to close or not and whether they had business interruption insurance or not, this is just another way insurers are trying to get out of paying, is this right?
We think it is morally wrong that these deep pocketed insurance companies are benefiting from the taxpayers money. They are using this to bumper their profits when in reality the High Street is still struggling as a result of Covid and the taxpayers are going to pay the price for that. As the best case scenario, the insurance companies should not deduct the furlough payments from the settlement sums (this equates to over 50% of the payout) which will help the High Street get back on its feet and avoid further financial pressure on the government and the taxpayers. As a worst case scenario, the insurance companies should pay the furlough sums (we are talking billions) back to the government. Unfortunately, from Chris’s point of view no one in Parliament has been willing to listen about this huge problem so far.
Collette Osborne owner of Hairven salon group in Nottingham is being branded the Alan Bates of the salon/insurance world! The win means a huge amount to over 400 salon owners for this one insurer Salon Gold Brokers and the insurer Canopius. But as you have probably guessed the insurers continue to delay and in fact hedge their bets hoping businesses will go bust before they must pay out. They hid behind the sofa when covid lockdowns started, but made it clear we had to continue to pay premiums and continue to force businesses under as they should have paid out immediately. I would like to see the executive board of all insurers including Canopious Neil Robertson in front of a select committee as the evidence we have against them is damming and will expose them for who they are. Just like the postmasters we are being delayed and delayed, made to jump through hoops and how Canopious can use furlough in order to bumper their profits needs exposing.
People have been sectioned, lost their homes and businesses and some have even taken their own lives due to the stress of being locked down during covid and all of the financial pressure that came with it. How many more will take their own lives due to the financial stress this is causing, how many more will lose everything, how many jobs will be lost!
Why are insurers allowed to get away with this, and where are the FCA?
The UK public all know when you have an insurance policy and need to call on it you are negotiated down, it is time insurers were made to answer for their miss treatment of policy holders.
I believe insurers should now answer to a public enquiry
A select committee need to question them on why out of 370,000 policy holders from the Supreme Court ruling only 43,000 have been paid and why insurers are allowed to deduct furlough and pocket the proceeds!
We will not stop until they pay every penny due so we can save peoples businesses, homes, livelihoods as covid isn’t over for the hair, barbering and beauty industry or small businesses up and down UK high streets and won’t be for many years as we try to recover.

 

 

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