Covid-19 linked to year’s 43% surge in death claims
According to data from the Association for Savings and Investment SA (Asisa) 1 023 083 policyholders
died between April 1, 2020, and March 31, 2021 - a 43% increase on the 713 350 deaths over the corresponding period in the previous year. Total pay-outs across the various insurance lines for the period reached R47.58-bn.
According to Hennie de Villiers, deputy chair of the Asisa life and risk board, there is no doubt that Covid-19 caused many of the additional deaths, either directly or indirectly.
The claims data supports arguments that actual deaths from the pandemic may be far higher than the official 81 830 deaths that had been recorded by August 31.