General insurers received 80,900 Covid claims worth Rs 1,290 cr till Jul 31

The Indian general insurance industry received around 80,900 Covid-19 claims involving Rs 1,290 crore as on July 31, said an industry official.

"Around 80,900 Covid-19 claims have been registered by the general insurers with an estimated claim of Rs 1,290 crore. The average claim amount works out to be Rs 159,456," an industry official told IANS.

The number of Covid-19 cases in the country by the same date was around 1.6 million.

The number of claims settled by insurers as on July 31 is 52,880 and the claim amount paid, around Rs 490 crore. Thus, the average is Rs 92,660 per claim.

According to