Category:

Disaster & Management

Thai insurer’s Coronavirus cover draws ‘Overwhelming’ demand

Since it began selling policies in February, TQM Corp. — together with insurance partners that include Bangkok Insurance Pcl and Dhipaya Insurance Pcl — has sold more than 1 million plans for infection by the virus, company President Unchalin Punnipa said Thursday. Policies cost between 439 baht ($13.31) and 1,250 baht for one-year coverage of as much as 1 million baht for medical treatment and compensation if holders contract the disease, according to the company’s website.

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Life Insurers will not cite “force majure’ for settling Covid-19 death claims

“The spiralling global and local impact of COVID-19 pandemic has emphasized the fundamental need for life insurance in every household. The life insurance industry is taking every measure to ensure that the disruption caused to policyholders, due to the lockdown is minimal, by providing them uninterrupted support digitally, be it for honoring death claims related to COVID-19 or for servicing their policy,” said Life Insurance Council Secretary General S N Bhattacharya.

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Tiger at New York’s Bronx Zoo tests positive for coronavirus

The virus that causes COVID-19 is believed to have spread from animals to humans, and a handful of animals have tested positive in Hong Kong.
But officials believe this is a unique case because Nadia became sick after exposure to an asymptomatic zoo employee, Paul Calle, chief veterinarian at the Bronx Zoo, told Reuters. Calle said they did not know which employee infected the tiger.

“This is the first time that any of us know of anywhere in the world that a person infected the animal and the animal got sick,” Calle said, adding that they planned to share the findings with other zoos and institutions. “Hopefully we will all have a better understanding as a result.”

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