Insurers keep a social distance from risky Covid covers

Only four of the 29 firms permitted by the Insurance Regulatory and Development Authority of India are marketing such fixed benefit policies and that too on a limited scale, as the new virus’ impact on humans and expenses to treat are completely out of sync with most models that insurers have, said people familiar with the developments.

from Banking/Finance-Industry-Economic Times https://ift.tt/3e0DyBZ