With the global spread of the coronavirus (COVID-19), it’s natural to look for additional ways to protect your loved ones. And for many people, that may include purchasing life insurance. However, the uncertainty of the illness and the economy can make it seem too complicated to get the coverage your family needs.
Below, we answer common questions regarding life insurance and COVID-19 that may help you make a more informed decision.
1. Are term life insurance policies being issued during the pandemic?
Yes. Life insurance companies, including Nationwide®, are still issuing life insurance policies for most healthy people. We’re treating the COVID-19 outbreak the same way we would treat any other illness or travel advisory.
When possible, we’re modifying and accelerating our process to ensure your ability to keep a safe social distance by waiving in-person labs, exams, and collection of medical … Read more