Written Question·Treasury·UIN 122583

Coronavirus Business Interruption Loan Scheme

Tabled: 20 March 2026
Answered: 30 March 2026

Question

Helen Morgan

Liberal DemocratNorth Shropshire

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of valid Covid-19 business interruption claims becoming time-barred in March 2026 on the insurance sector.

Answer

Lucy Rigby
The Financial Conduct Authority (FCA), as the independent regulator for financial services, sets the conduct standards required of insurance firms. This includes rules requiring insurers to handle claims fairly and promptly. The Supreme Court published it...

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