ACLI Responds to Misinformation about COVID-19 Vaccine
The American Council of Life Insurers (ACLI) senior vice president of Policy Development, Paul Graham, recently responded to the social media news which suggested COVID-19 vaccines could be a factor a life insurer considers in the claims-paying process.
Recently, information has been spread on social media about the COVID-19 vaccines and life insurance.
The American Council of Life Insurers (ACLI) senior vice president of Policy Development, Paul Graham, recently responded to the information saying it is false.
According to a release, a social media post shared the false information discussing how COVID-19 vaccines could be a factor a life insurer considers in the claims-paying process.
Graham said life insurers don't consider whether or not a policyholder has received a COVID vaccine when deciding whether to pay a claim.
"Life insurance policy contracts are very clear on how policies work, and what cause, if any, might lead to the denial of a benefit," he said. "A vaccine for COVID-19 is not one of them. Policyholders should rest assured that nothing has changed in the claims-paying process as a result of COVID-19 vaccinations."
For further questions or concerns, it's recommended policyholders reach out to their life insurers, agents or financial professionals for their COVID-related questions.
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