The covid-19 pandemic has increased awareness and pushed a part of the uninsured population to finally buy insurance. But if you’ve had any symptoms of covid-19, buying life insurance, especially term plans, could become a challenge.
According to life insurance companies, reinsurers are asking for covid-19-based disclosures at the time of policy purchase. With social distancing becoming the new normal, most people who resort to online purchase of policies may not be able to get one if they show symptoms of covid-19.