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Life Insurers Are Not Denying Claims Based On Covid Vaccine, ACLI Says

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American Council of Life Insurers (ACLI) Senior Vice President, Policy Development Paul Graham said social media is rife with misinformation relating to COVID-19 vaccines.

"A social media post appears to be behind the spread of entirely false information, suggesting a COVID-19 vaccine could be a factor a life insurer considers in the claims-paying process.

"The fact is that life insurers do not consider whether or not a policyholder has received a COVID vaccine when deciding whether to pay a claim.

"Life insurance policy contracts are very clear on how policies work, and what cause, if any, might lead to the denial of a benefit. A vaccine for COVID-19 is not one of them.

"Policyholders should rest assured that nothing has changed in the claims-paying process as a result of COVID-19 vaccinations.

"Policyholders should reach out to their life insurers, agents or financial professionals for their COVID-related questions. They will be happy to help."


Source: Service, T. (2021, March 15). Life insurers are not denying claims based On Covid vaccine, ACLI SAYS. Retrieved March 16, 2021, from https://insurancenewsnet.com/oarticle/american-council-of-life-insurers-responds-to-social-media-misinformation-about-covid-19-vaccine

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