Mutual decides it will not pay coronavirus-related claims for new one-week IP policies
Holloway Friendly has announced that while income protection (IP) policies with a one-week deferred period are still available, they will no longer cover coronavirus. The insurer said that if an existing policyholder has lost income because they haven't been able to work due to ill-health, it will pay the claim as usual. If a claimant has not tested positive to COVID-19, but is self-isolating because of government or medical advice, it will also not pay a claim, Holloway Friendly has also said....
From 2pm on 31 March
Until further notice
'One of the first things to go'