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India health claims surge 240% to $152.7m
Average claim per person reached $2,125.
Health insurance claims in India skyrocketed 240% to $152.7m in one month until the last week of July, data from the country’s General Insurance Council showed.
Almost 71,500 claims were made until end-July, significantly higher than the 20,965 made until 22 June.
The average claim per person reached $2,125 (INR160,000).
However, claims received have only amounted to 4.08% of the total number of people in the country infected with COVID-19.
In terms of life insurance, the Life Insurance Council registered 561 COVID-related death claims amounting $3.75m until end-July.
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