Does Life Insurance Cover Deaths From Coronavirus? – Get our quote online

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Thousands of people around the world have already died of COVID-19, the disease caused by the new coronavirus. For those who have life insurance, in almost all cases, they are covered and the insurance will likely pay for the deaths of COVID-19. There are a few exceptions, according to representatives of life insurance companies and industry organizations.
»OTHER: Life insurance and Coronavirus: questions and answers
Potential exceptions

Traditional life insurance policies, such as full-term and fixed-term life, probably cover COVID-19 deaths, according to industry research group spokesmen LIMRA, State Farm and Farmers New World Life (part of Farmers Insurance).
However, there are some exceptions. For example, an insurer might reject a coronavirus death claim if the insured:

He made an incorrect or incomplete application. Complaints can be denied for reasons such as not disclosing travel plans or lying about weight or income. If you die within the first two years of coverage, an insurer typically reviews the claim and initial application in more depth. However, a company may refuse to pay a claim if false application information is found even after the two-year life insurance contestability period has expired. When you fill out a question, take your time, be honest and ask questions if you don't understand what you're asked.
He did not pay insurance premiums. If the policy lapses due to non-payment and dies before the policy is reinstated, the beneficiary will usually not receive a payment. When a premium payment is overdue, life insurance companies often offer a 30 or 31 day grace period. Coverage will continue as long as you pay the insurer during this period. Insurers can extend this grace period during the coronavirus pandemic – some state regulators require it. If you experience problems with payments, contact your insurance company before your premium is late. Otherwise, the insurance coverage ends until reinstatement is requested and the insurer accepts. In order to be reinstated, you may need to demonstrate that you are not at risk of insuring.
Bought only an accidental death policy. Accidental death and dismemberment insurance, or AD&D, is designed to cover accidents. It does not pay if you die of disease or illness. Sometimes AD&D coverage is added to a standard life insurance policy as a pilot. In that case, the traditional underlying policy would still have paid for a death for COVID-19.

How to file a life insurance claim
After the death of an insured person, the beneficiary will have to file a life insurance claim by following these steps:

Get several copies of the death certificate.
Contact the policyholder agent or insurance company for claim documents.
Send the required documents with a certified copy of the death certificate.

After filing a claim, the beneficiary can generally decide whether to receive payments in a single solution or installments.
Other life insurance policies
People who work when they die can have a group term life insurance policy through their company. Usually, the employer will contact the beneficiary in the event of the insured's death, but you can also use the procedure described above to file a claim if you know the name of the insurance company.
The Social Security Administration can also provide survivor benefits for spouses, minor and disabled children, grandchildren, parents and former spouses.
For more information on COVID-19, visit the Centers for Disease Control and Prevention website.