Will Kavach and Corona Rakshak policies cost more soon?

BL Internet Desk | Updated on June 21, 2021

Worried by rising claims and low premium, insurers have approached the insurance regulator IRDAI for a re-pricing of the Corona Kavach and Corona Rakshak policies.

Insurers point out that these low ticket policies were expected to be for a short duration, but with the pandemic continuing, they are turning out to be expensive propositions for them and hitting their balance sheets.

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Published on June 21, 2021

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