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Crédit Agricole Assurances renews its commitment to supporting professionals hit hardest by the health crisis

Since the start of the health crisis, Crédit Agricole Assurances has been committed to providing the best possible support for its professional policyholders who have been hit hard by the COVID-19 crisis, and is stepping up its support by implementing new measures aimed at small office/home office organisations and SMEs in the hospitality, sports, culture, tourism and events sectors. These measures were formalised in an agreement signed yesterday at the French Ministry of Finance by insurers and Bruno Le Maire, Minister for the Economy, Finance and Economic Recovery.

Crédit Agricole Assurances renews its commitment to supporting professionals hit hardest by the health crisis

As a consequence, Crédit Agricole Assurances has pledged to:

•    freeze the comprehensive professional insurance policy premiums for these companies in 2021;

•    maintain the coverage provided in the policies of any companies whose premium payments may be delayed due to the pandemic through Q1 2021;

•    establish assistance cover, free of charge for 2021, in the event of COVID-19-related hospitalisation for heads of companies and their employees within the framework of these policies. 

Since the very start of the second lockdown period, Crédit Agricole Assurances has been working hard to support its customers by implementing the following measures:

•    maintaining coverage for professionals, farmers and businesses in the event of a payment incident (postponement of formal notices);

•    extending coverage to enable teleworking;

•    cancelling the excess in the event of accidents suffered by frontline professionals during the lockdown period when their vehicles are used for work (healthcare professionals, firefighters, police officers, teachers, etc.).

All these measures are in addition to the extra-contractual solidarity gesture amounting to more than €260 million, adopted in April 2020 and benefiting all policyholders who have taken out comprehensive professional insurance with business interruption coverage.

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