Life Insurance

[Nieve]

If a person dies of Coronvirus, will their life insurance still pay out. ?

[ToraToraTora]

it should as long as it's not a specific exclusion or the policy was taken out without disclosing it.

[Buenchico]

Yes. There are currently no restrictive clauses about pandemic-related deaths within life insurance policies.

https://www.moneysupermarket.com/life-insurance/life-insurance-and-coronavirus/

[Nieve]

I just thought the insurance companies would worm their way out of paying up because of the amount of deaths occurring.

[ToraToraTora]

not really, there are a lot more deaths from other causes, not to mention the annual flu deaths for example. The total deaths ascribed to Covid are somewhat artificial anyway.

[jno]

Buenchico, the meerkats disagree

some insurance providers introduced exclusions for pandemics on new policies after the SARS outbreak, so you need to check.

https://www.comparethemarket.com/life-insurance/coronavirus/

[Peter Pedant]

yes

[Peter Pedant]

yes they did and do

and funnily enough the 1702 act limited and regulated this
ushering in - tho they didnt know it the era of parliamentary regulation of commerce....

clearlyif the policy is taken out in the last two years you have to be careful otherwise the insurance co gets 10 / 10 for clairvoyance !