How Will COVID-19 (Coronavirus) Affect Life Insurance?

If you already have life insurance, don’t worry. Your life insurance company can’t change your policy. If you aren’t covered yet, you may see minimal changes, particularly if you have recently traveled to high-infection areas like China, South Korea, Iran, or Italy to other Level 3 countries as indicated by the CDC (view the CDC website for updates, as this list will continue to change as developments occur). If you have traveled to these countries, be forthcoming about it – your application may be postponed for a brief time period but can be re-considered after that time period has passed.

Each insurance company is handling the pandemic with different procedures, which change by the day. Our Guides stay up to date with these changes and can help secure coverage that best suits your needs during this time. We can also assure you that the exam companies we work with are conducting testing as usual during this time and are closely following CDC guidelines to minimize risk. We are here to serve you during these trying times and are prepared to answer any questions you may have. To contact a Guide, give us a call at 1-800-356-4282.