Insurance lifeline for London businesses struggling in lockdown

Business owners and the directors and managers of UK companies in the capital, struggling to keep their businesses afloat due to the impact of the Covid-19 pandemic, are being offered a much-needed cashflow lifeline with the launch of new insurance product from intermediary Rerusni.

Rerusni is offering 15 months’ business insurance with nothing to pay for the first three months of the policy – allowing hard-pressed business owners across London to reinvest much needed funds and help ensure the survival of their businesses.

With increasing numbers of companies laying off employees and running out of cash as a result of the economic lockdown, this insurance cash-bridge will help businesses in London stay afloat and be ready to re-open when the time comes.

Rerusni spokesperson Paul Jeffries said: “We understand that what business owners need are fast and simple solutions that allow them to keep cash in their businesses and employees in their jobs. Managing cashflow, with little or no income, is critical and balancing this with the requirement to keep essential insurance cover in place is a drain business-owners don’t need right now.

“The long-term economic fall-out from the coronavirus crisis may be unclear, but switching to Rerusni is an easy, pro-active step business-owners in the capital can take to cut overheads and shore up business resilience at this difficult time. And for us, it’s about helping companies to stay afloat and ensuring they stay insured, now and for the future.”

Rerusni arranges business insurance including premises, contents, public and employee liability cover, as well as directors, officers and professional indemnity insurance, if needed, with no premium payments required for the first 3 months – plus the option to pay via instalments from month 4 with no interest charges.