“Similarly, as promised during elections, the government had brought YSR Bima, an insurance scheme to support those families who lost their breadwinner. About 1.30 lakh families have been brought under insurance coverage. Under the scheme, an insurance amount of Rs 1 lakh will be paid if the beneficiary aged between 18 to 50 years, who is a breadwinner of the family, succumbs to natural death. A sum of Rs 5 lakh will be paid if the beneficiary in the age group of 18 to 70 years dies in an accident”, said the Chief Minister.
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India’s medical infra well prepared to deal with third COVID wave: FM
A Rs 50,000 crore credit guarantee scheme for setting up of medical or health infrastructure by private hospitals in cities other than 8 metropolitan cities was also announced as part of measures for reviving the economy battered by a severe second wave of COVID-19.
The minister further said 45-50 lakh people per day are getting vaccinated and a total of 33 crore people have received vaccination.
Insurers got 22k claims for COVID-19 deaths in FY21; no significant impact on sector financials:RBI
The claims paid ratio (provisional) stood at 98.1 per cent for individual claims and 98.6 per cent in the group category, in comparison with 96.8 per cent and 97.3 per cent, respectively, for the previous financial year, it said.
”…the pandemic did not have a significant impact on death claim settlement rates,” it said.
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