Pacific All Risk Insurance Brokers
  • Blog
  • Home
  • Benefits
  • Links
  • Partners

Insurance News

Be sure to Subscribe to keep up to date!

Life and Disability Insurance - The Effect of COVID-19

6/8/2020

0 Comments

 
Picture



 Covid- 19: the Effect on Life and Disability Insurance

Covid-19 has changed how insurance companies are accepting and reviewing applications for life and disability insurance. The changes implemented may be temporary, yet with the unknown outcome of the virus, most insurance companies are being more cautious. The good news is that many companies
are skipping the medical exam requirement to apply, but are heavily relying on medical records, prescription checks and signed statements of Covid-19 contact.
Should you wait? The problem with waiting is that you may never get around to it or risk getting sick or injured then it may not be possible. If you are healthy, get it now. Don’t wait! If you are worried about meeting face to face, meetings can easily be held over Zoom. Applications can be submitted and signed electronically as well.

What do I recommend?
Work with an insurance professional. There has been a rise of online life insurance applications. Although there is nothing wrong taking care of it yourself, these premiums may be slightly higher. An insurance professional would review your situation, shop around to different companies and give you a better idea of your options and cost. Not everyone’s situation and need are the same. If you currently have a life or disability insurance policy, you should also set up an appointment for a review. A recent life change like a new baby, house, or job may change your insurance needs. Other items to review would be your beneficiaries and your employer coverage. There are a lot of bases to cover so leave it to the professionals to help.

For more information, please contact:
Melissa Delgado
Insurance Professional
MDIS: Melissa Delgado Insurance Solutions
(714) 603-6539
melissa@mdis.io

or

Contact Us for More information!
Text/Call: 714-900-2363
0 Comments



Leave a Reply.

    Author

    Insurance News from the insurance experts to the business and personal community.

    Archives

    January 2023
    August 2021
    March 2021
    February 2021
    December 2020
    September 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    September 2019
    August 2019
    July 2019
    May 2019
    January 2019

    Categories

    All

    RSS Feed

Pacific All Risk Insurance Brokers, LLC 
  • Blog
  • Home
  • Benefits
  • Links
  • Partners