Videos

COVID’s impact on Life insurance trends

COVID definitely had a major impact on life insurance claims. COVER discuses the trends with George Kolbe, Head of Life Insurance Marketing and Sibusiso Khumalo, Head of Technical Marketing at Momentum.

  • Almost half death claims were due to COVID
  • In 2020 6% were income claims were COVID related but in 2021 it jumped to 20%
  • Life insurance policy payouts became complex during COVID when the life insured passed away along with the beneficiaries of the policy

Watch their discussion below:







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