Chennai: The variety of COVID-19 claims lodged with the non-life insurance coverage firms are rising solely in arithmetical development, mentioned a senior insurance coverage official.
He mentioned as majority of these affected are handled within the authorities hospitals at no cost, the insurers should not affected by the claims.
“There variety of claims lodged are rising in arithmetic development and never geometric development. As on Monday the overall claims lodged with the insurers are about 365. The declare worth is about Rs 8.75 crore,” the official informed IANS preferring anonymity.
As per the numbers, the common declare per coverage is about Rs 2.40 lakh.
Going by the pattern, the COVID-19 will not be a catastrophic loss for the trade.
“The COVID-19 declare quantity is sort of 2.5 instances that of the common medical health insurance declare,” S. Prakash, Managing Director, Star Well being and Allied Insurance coverage Firm Ltd informed IANS on Monday.
The trade official mentioned Maharashtra tops within the claims lodged rating adopted by Delhi and Chennai.