A Balancing Act: Vaccination Status and Insurance Pricing
Should COVID-19 vaccination status affect pricing? After all, mortality rates in South Africa for fully underwritten retail policies surged to more than four times the expected level during the second and third waves of the pandemic. Vaccination status could be a significant underwriting factor, especially with the likely endemic nature of COVID-19 going forward. Doing so, however, is a complex challenge to solve and ultimately needs to balance many different considerations, as discussed in this presentation.