Holloway Friendly adds coronavirus exclusion

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. "Our plans work because many people pay a small amount into a pool and the pool meets th...