Fianna Fáil TD for Tipperary Jackie Cahill is warning that pubs across Tipperary may be forced to close permanently because insurers are refusing to pay out on business interruption insurance cover.
Deputy Cahill has been contacted by publicans from across the county angry at the fact that insurers are not paying compensation despite them having business interruption cover.
He explained, “Many publicans are beyond frustration with the approach which is being adopted by some insurance companies. They seem intent on finding excuses to allow them to renege on paying out. The majority of the publicans who contacted me have business interruption cover, but at least one insurer has stated that these claims will not be paid out because despite a national direction from government, there is no localised outbreak.
“This is a farce and the insurers are not being held to account. The result of this will be the closure of pubs, restaurants and other small businesses in Tipperary and right across the country. These business owners have no idea when they will be able to open their doors again, and without the cushion of compensation, they may not survive.
“The actions of these insurance companies fly in the face of the spirit and goodwill that people across this country have adopted to deal with this unprecedented health emergency. It’s deeply unfair and will only serve to line their own pockets while damaging people’s livelihoods and the economic recovery”.