Covid insurance claims not steep, say insurers even as cases rise

With the number of Covid infections in the country continuing to rise, albeit at a slower pace, health claims, too, are on the rise. 

As of November 18, as many as 576,000 Covid health claims have been reported to insurers, amounting to approximately Rs 8,600 crore, said sources aware of the development.

The insurers, on the other hand, have, so far, settled around 420,000 claims, worth approximately Rs 3,900 crore.

At the end of July, only 81,000 Covid claims were filed with insurers. That number doubled in a month’s time. By August-end, insurers had as many as 160,000 reported Covid