The two-month confinement linked to Covid-19 has caused a sharp drop in activity in whole swathes of our economy. Craftsmen, traders, professionals, in particular, are currently facing unforeseen operating losses, not covered by the usual scope of their insurance.
Faced with this unprecedented crisis, to support professionals and help them to pass the course, Crédit Agricole has decided to implement an unprecedented support system for all policyholders who have taken out professional comprehensive insurance with business interruption . This mutual support scheme will result in the payment of a sum corresponding to a lump sum estimate of the loss of income in the economic sector concerned during the period.
The system will mobilize nearly 200 million euros.
The mutual support system has immediate effect: each insured customer will be informed as soon as possible of the payment terms.
Source: Crédit Agricole Website