Covid19 Vaccination Does Not Invalidate Your Coverage

A fake document that was originally spotted by Allianz in Australia, and which has now also been circulated to clients in the UK. The fake policy document says: ‘If you consent to taking a Covid-19 vaccine your consent is ‘self-inflicted’, it was your choice to have the experimental medical procedure and therefore insurance will not cover any damage or death. All injuries for insurance must not be accidental and a treatment by consent is not an accident.’

As far as scams go - it shatters some people’s views of the safety of the Covid-19 jabs and place doubt onto insurance company’s promises that they will pay out. As far as insurance experts and insurers are concerned getting vaccinated by a qualified medical practitioner is not deemed a ‘self-inflicted’ or ‘experimental’ exercise and would still be covered.

The Covid-19 vaccine will not affect your life insurance cover. There has been a huge amount of speculation on social media, spreading the message that life insurance companies will not pay claims if a person dies within one year of receiving a Covid-19 vaccine, and that taking the vaccination will invalidate any life insurance policies.

The Association for Insurers has been clear to point out that having the Covid-19 vaccine won’t affect your cover. Although life insurance providers have started asking about an applicant’s history of coronavirus, none have made steps to exclude it as a claimable event, nor have they raised any issue around having or not having the vaccine.

Life insurers don't ask any questions about Covid-19 vaccinations, either as part of a new application or to their existing customers. Therefore, being vaccinated will not affect a current or new policy in any way. 

If you have had Covid-19 recently, you may find that an insurer asks you to apply after a period of time, in order to receive a decision - typically 30 days. However, this is only for a small number of people, and is usually in association with another underlying condition.

Life insurance policies very rarely include exclusions and there are none that involve non-payouts for pandemics or viruses. In fact, any death is a claimable event, which includes those for Covid-19.