Can you get Life Insurance during Covid 19?

In the past few months Covid 19 has touched nearly every facet of life, including life insurance. So, the burning questions many are wondering is; "does life insurance cover Covid 19?", "Can I still get life insurance during Covid 19?" and the short answer to these questions are yes. As long as your policy is active if you were to pass due to Covid-19 your beneficiaries would still receive the death benefit. What Covid-19 has affected is the application process. However, this does not meant you cannot apply and get coverage during this pandemic, there are just tighter restrictions to those applying. For example:

• For most all carriers; if you have any pending travel in the next few months your application will be postponed until you 30 days after your return.
• For nearly all carriers; if you are not a US citizen, or green card holder, you may not be eligible for coverage with most companies for 12 months. There are still a few carriers who have not enacted this restriction.
• Some carriers have stopped accepting applications for those over the age of 60 and for any 30 year term policies.
• Some carriers have also gravitated towards using accelerated under writing programs that are designed not to require the applicant to complete a medical exam. Rather, applicants will have a telephone interview and a deeper look into their medical records. This makes the process 100% virtual, with no need for direct human contact.

Don't take these restrictions as a sign that it's not the right time to get coverage, because for many it is actually the perfect time to get insurance. Accelerated underwriting has never been easier, and with the entire process being virtual, you can even get life insurance the couch while social distancing!