 "Insurers see adverse claim ratio on Covid-specific health products")
Covid-specific health products, introduced last year by many insurers and subsequently by the insurance regulator via two standard policies, have been a hit among consumers but insurers are having a hard time dealing with claims.
As of March 15, 13.3 million lives have been covered under specific products for a sum assured of Rs 13.29 trillion, shows the data compiled by the insurance regulator that is not publicly available.
The regulator’s two Covid standard products — Corona Kavach and Corona Rakshak — have covered more than 4.7 million lives.
Earlier this week, looking at the resurgence of
As of March 15, 13.3 million lives have been covered under specific products for a sum assured of Rs 13.29 trillion, shows the data compiled by the insurance regulator that is not publicly available.
The regulator’s two Covid standard products — Corona Kavach and Corona Rakshak — have covered more than 4.7 million lives.
Earlier this week, looking at the resurgence of
