The Impact of COVID on Life Insurance
Excerpt
If someone you know died from COVID-19 and had an existing life insurance policy, there should be no problem receiving the death benefit. The terms of a life insurance contract cannot be changed after purchase, so anyone with a policy before the pandemic will continue to be covered as long as premiums are paid.
However, the life insurance industry is in a quandary right now when it comes to new applicants applying for policies.....................
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