Big five life insurers see death claims returning to pre-pandemic levels

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Big five life insurers see death claims returning to pre-pandemic levels
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Of the 31,520 death claims received since the pandemic began only 4,706 were due to confirmed Covid-19 deaths

SA’s five largest life insurers have seen recent death claims against fully underwritten life policies edge closer to pre-pandemic levels.

The Death Claims Dashboard, maintained by the Continuous Statistical Investigation committee of the Actuarial Society of SA , shows that 617 death claims were received in August 2022. That’s the lowest level since April 2020 when 540 death claims were submitted just as the Covid-19 pandemic began to take hold...

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