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The Federal Court of Australia has ruled that the majority of the nine business interruption insurance policies brought forth in the test case do not cover COVID-19 related financial losses. Australian insurers faced an estimated $10 billion ($7.4 billion) in business interruption claims from around 250,000 policies.  This decision will have a serious impact on Australian small businesses.

The court found that the majority of the business interruption policies put before it for scrutiny would not be paid out by insurers.

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