News From Press No instant term insurance for covid survivors

No instant term insurance for covid survivors

Source: Mint Jan 18, 2022

Covid-19 cases have been surging over the three weeks and there's a lack of clarity around the after-effects of omicron. Amid this ambiguity, getting a term insurance might take longer for those who have recovered from covid. To balance policy issuance with claims, many life insurers are now insisting on a three-month wait period for covid survivors who want to buy a term insurance policy.

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