AXA extends its Covid-19 unoccupancy definition to 90 days
Authored by AXA
Temporary business closures have increased the number of buildings which are unoccupied. These are normally at much higher risk of damage/loss than when occupied, from water damage, arson, theft etc.
The standard AXA policies would define a building as unoccupied if empty, or not being fully utilised for business purposes, for a period in excess of 30 days (please check policy wording for full details)...
To download AXA’s PFD on the subject CLICK HERE
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