Hospitality industry to bleed more jobs because of refused insurance claims
CAPE TOWN –
The hospitality industry will lose many more jobs through the Covid-19 pandemic because insurance companies have rejected Covid-19 related Business Interruption insurance claims, a leading industry representative organisation for the sector said yesterday.
The hospitality industry will lose many more jobs through the Covid-19 pandemic because insurance companies have rejected Covid-19 related Business Interruption insurance claims, a leading industry representative organisation for the sector said yesterday.
Federated Hospitality Association of Southern Africa (Fedhasa) chief executive Lee Zama said on Thursday that many of the organisation’s members had taken out expensive Business Interruption insurance policies, with specific extensions to cover notifiable and infectious diseases.
Fedhasa has been representing the hospitality industry since 1949. The industry, including accommodation and restaurants, has been particularly hard hit through lockdown closures and job losses.
Source: iol.co.za
