Insurance Law: Business Insurance Policies To Rescue Businesses Amid The Ongoing Unrest And Looting?
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The ongoing events of unrest and looting of shops around the
country, particularly in KZN and Gauteng have certainly been
worrying for business owners. Businesses have had their
properties maliciously destroyed; set alight; plundered;
broken into; etc. Moreover, these acts are not limited to certain
types or sizes of businesses but ranges from small to
large business; from cars to trucks; liquor shops; furniture
stores; food outlets; supermarkets; etc. In some
instances, various types of businesses are destroyed in a
single incident (for example, where a mall is set
alight). The significance of these incidents from
an insurance law perspective is that there are many