Insurance FAQs
Are there waiting periods applicable where Covid-19 is excluded?
No, generally not for life cover. For funeral cover, a standard waiting period applies for natural deaths.
Is COVID-19 covered in the event of death?
Most life insurers provide cover for the disease, as it causes illness and is considered a natural cause of death. It’s not included under Accidental Death cover, however.
Is COVID-19 testing required for life cover acceptance?
No, but if you have been tested for the virus or are planning to get tested, some insurers may defer cover until the results come out.
Worried about the impact of novel coronavirus on your life insurance? Here are the answers to some frequently asked questions:
