๐ฅ ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ and ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ Partnership to Manage the ๐๐๐๐๐-๐๐ Pandemic ๐ฆ
The insurance and takaful industry is fully supportive of the Governmentโs call on private and public partnership to manage the increasing cases of COVID-19 patients. Pandemic-related risks are not covered under any insurance and takaful plans worldwide ๐ฅ ๐ข The exclusion stems from the difficulty in pricing for coverage relating to an event like a pandemic that may occur once in a lifetime, having an incalculable impact and cost. ๐ข COVID-19 is a pandemic hence it is NOT i
