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Covid claims projected to pass B500m

Mr Anon says that some 100,000 new Covid insurance policies are filed on average per day since mid-April. Insurance companies still provide Covid insurance, as it can help people manage their risks. Apichit Jinakul

Total Covid-19 insurance claims since policies launched in March 2020 are expected to reach 500 million baht as of the end of April, spurred by a surge last month, says Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.

Total Covid insurance policies jumped by 3.15 million during April 1-22 to 13.8 million total policies as of April 22.

Total premiums received stood at 5.92 billion baht, while the accumulated value of claims is 195 million baht.

The accumulated value of claims in the first quarter of 2021 reached 93 million baht, exceeding the figure for all…

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