Association chairman Anon Wangwasu added that demand for Covid-19 insurance was still strong due to the second outbreak in Thailand, and extension rates will be high.
Insurance brands are running promotions to attract more customers for their Covid-related coverage, he added.
Meanwhile, the Office of Insurance Commission (OIC) expect claims on Covid-19 insurance policies to rise only slightly from the Bt102 million on 9.87 million insurance policies last month.
The OIC forecasts that claims will peak at Bt130 million on 10.8 million policies in March.