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SA life insurers experienced a significant drop in mortality claims during the fourth wave of Covid-19 infections, with overall death claims during this period falling closer to pre-pandemic levels.
The Association for Savings and Investment SA (Asisa) says total mortality claims for the six months to the end-March 2022 fell to 396,698 across individual life, group life, funeral cover and credit life policies. That’s about 18.9% more than the 333,509 mortality claims received by life insurers in the pre-pandemic period of October 1 2019 to March 31 2020...
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