Life Insurance and H1N1 Flu

Are Life Insurance companies wary of the H1N1 flu pandemic?

Source: Ottawa Sun

If you’ve come down with the swine flu in recent weeks and you’re thinking about getting some life insurance, you might have to wait a while.

Some insurance companies are reluctant to provide policies to anyone who’s wheezing or coughing from what could be the H1N1 flu virus, at least not at standard rates and not while you’re still sick.

One local broker says while there hasn’t been any specific directive within his company regarding the pandemic, a person seeking a life insurance policy would have to answer a lot of medical questions. Disclosing the fact you have been treated for the H1N1 virus could send up some red flags. Read entire article.

There are many unknowns about the potential for death surrounding the H1N1 virus and the shots/treatment availability for the near term. That makes it hard to determine the potential to affect the life expectancy of an applicant for life insurance who may have the H1N1 virus.

That's why it may be best to compare free term life insurance quotes online today and apply for coverage while you and your family are healthy and safe.

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Will Life Insurance Companies Payout In A Pig Flu Pandemic?

If there is a pig flu pandemic, and many people lose their lives, will life insurance companies pay out the claims for death arising out of the pig flu?

It depends on the exclusions listed within the life insurance contract, so each policy may be different.

Unless a life insurance policy specifically states that it is not included than no one will have any problem making a claim and getting paid.

Suicide is one example of insurance companies denying benefits and it is written right on any policy. But here are even payouts for this after owning the policy for 1 or 20 years, depending on the state you live in.

Presently pig flu pandemic is not an exclusion under the standard life policy, and so it would be paid.

However, it is always best to review your life insurance policy and all exclusions which may apply to your coverage.

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Swine Flu Level 6 Pandemic - WHO?

Are you worried about the swine flu outbreak?

Did you know the World Health Organization (WHO) declared a Swine Flu Pandemic?

Source: NYDailyNews.com

It is the first flu pandemic declared by the WHO since the Hong Kong flu killed an estimated 1 million people in 1968.

On Wednesday, WHO reported 27,737 cases worldwide, most of them mild and requiring no treatment.

Read entire article here

The Health Department estimated that more than 500,000 city residents may have been sickened by the virus. The highest incidence is in Queens, where the outbreak began in April.

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