We hope everyone is keeping well in these unprecedented times, we have had a few queries regarding life cover, illness cover and income protection – this is not anything that any of us would like to think about but I would like to give you and your families the following reassurance:
– Do Life policies pay out for Covid-19?
Yes, on receipt of a valid death claim
– Do Income Protection policies pay out for Covid-19?
If you are diagnosed with Covid 19 and meet the definition of disability after the normal deferred period, Yes you will be able to submit a claim
– Do specified illness policies pay out for Covid-19?
No Covid 19 is not a defined illness. However, a client may be eligible to claim for conditions arising from Covid 19 if the serious illness definition is met
– For new policies, if a client discloses that they have tested positive for Covid-19 will they be accepted for cover?
Cover may be possible but would be postponed until a full recover has been made.
We hope everyone stays safe and stays at home until we can stop this virus.
If anyone has any queries please do not hesitate to contact me by clicking here or clicking on Contact Us at the top of this page