Care Homes, Flood Insurance and Car Loans
The care providers worried about being sued if they take patients with covid-19. The people not insured against flooding. Relief for people struggling with car loans.
Social care providers have told You and Yours they're worried they could be sued if they take in patients who have been infected with covid-19 and it spreads to others. Last month the Government put in place a clinical negligence scheme for coronavirus to cover the NHS. Care providers say they want to help during the pandemic by accepting new people coming out of hospital and needing care. But they insist they need cover from the Government similar to that provided to the NHS. We speak to Mike Padgham, a care home owner in North Yorkshire and Liz Jones from the National Care Forum about their concerns
Our presenter, Shari Vahl, speaks to the woman behind the new independent review in to why some people don't have insurance against flooding. Amanda Blanc, former chair of the Association of British Insurers, has been appointed by the Government to look into why people affected by flooding in Doncaster in November 2019 didn't have cover.
We report on guidance issued today by the Financial Conduct Authority (FCA) urging lenders to go easier on people at risk of defaulting on car loans and other forms of high cost credit. We hear from a woman who called her lender for help after her previous employer was unwilling to furlough her, which led to her getting a minimum wage job. We also speak to the FCA's Sheldon Mills about how guidance might help provide relief for people struggling to repay loans because of coronavirus crisis.