AXA: compensation limited to companies affected by COVID-19

April 03, 2020

AXAAXA is committed to indemnifying nearly 4.000 businesses whose activity has been suspended due to the Coronavirus.

The three months' income compensation, will only be granted upon the occurrence of a case of coronavirus within the company. There are approximately 10 thousand policyholders who have subscribed a named perils insurance policy. These latter, will only be compensated if the COVID-19 is included in the list of risks covered by the policy.

All the insured benefiting from a COVID-19 coverage have been informed that the risk will be formally excluded upon renewal of the contract.

Read also | COVID-19: Towards a rise in corporate failure rate in 2020


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