The coronavirus pandemic has exposed the vulnerability of individuals, families, businesses, economies, and nations to unforeseen but catastrophic risks. On a positive note, more people now acknowledge the benefits of insurance when faced with such adversities.
A recent survey by the Geneva Association, a leading global insurance think tank, shows 40 percent of retail customers consider their health and health insurance more important since the onset of Covid-19. Similarly, half of the small business owners have made insurance, including medical schemes for employees, a priority.
