Life - Articles - The top five myths debunked on Covid and Life Insurance

Dominic Holton, COO at DeadHappy, says: “With the pandemic having a substantial effect on people’s health, consumers are concerned and rightly so. It’s a new situation for everyone and so, with that, comes lots of questions around the impact this has on their insurance.”

 To help consumers, the team at DeadHappy have debunked the top 5 myths around Covid and life insurance:
 1. I’ve heard if I choose to have the vaccine it will void my insurance, is this true?
 No, it won’t void your insurance. Even if the Covid vaccine results in death, we would still pay out on the life insurance policy. This is the case with any vaccine, Covid or not.
 2. Can I still get life insurance if I’ve had Covid?
 Yes you can. And it doesn’t matter if you’ve had it one, twice or more times! If there have been long-term health implications as a result of Covid then we would ask some extra questions so we fully understand your situation, as we would with any long-term health issue someone has. This would still mean you can get life insurance, it would just result in the policy itself reflecting your current health status.

 3. Will I face higher premiums if I have an underlying health condition that Covid may affect, such as asthma?
 Your premiums would be no higher that they would have been anyway. So for example, someone who suffers with asthma, who may find they face breathing difficulties if they catch Covid, wouldn’t have to pay higher premiums than they would have had to pre-Covid.
 4. If I go on holiday, catch Covid abroad and face health issues while I am over there, is my life insurance policy affected as I caught it whilst doing a recreational activity?
 No this wouldn’t affect your policy. We have some common exclusions that aren’t covered (and never have been) such as sky diving and base jumping, but Covid is not one of them.
 5. If I suffer from long Covid, how will this impact my life insurance?
 Long Covid will be treated the same as any other long-term health condition; we’d ask you a few extra questions so we can understand more about the impact on your health and then be able to recommend the right policy for you.

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