Spread Covid awareness: Irdai to insurance companies – Times of India

MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has asked insurance companies to reach out to people to increase awareness, given the resurgence of coronavirus in some parts of the world.
Insurance companies said the regulator asked them to run campaigns to communicate the importance of precautionary measures like wearing masks and getting vaccinated.
Irdai also asked companies to push sales of health plans, including the ‘Corona Kavach’, which was designed to cover the risk of Covid infection.
Last financial year, life insurers settled nearly 2. 3 lakh death claims arising out of Covid in FY22 by paying out Rs 17,269 crore, and health insurers paid Rs 24,362 crore towards 26. 5 lakh Covid claims. Overall in health insurance, companies received 2. 4 crore claims for Rs 93,840 crore. Of this, they paid out 2. 2 crore claims for Rs 69,498 crore.