COVID 19

How COVID Changed Life Insurance In 2022: What You Must Know

The COVID pandemic has changed many industries over the course of the last two years and insurance is not an exception. Insurance companies changed the way they interact with customers, how they service them, and how they assess risks. Now, with the situation becoming more and more stable where COVID is simply an integral part...

Life Insurance and COVID Vaccines – What We Know Today

Life insurance and vaccines: Most recent developments(updated on March 18, 2021) Many countries are currently in a process of rolling out various vaccines such as Comirnaty (BNT162b2) from Pfizer Moderna COVID‑19 Vaccine (mRNA-1273) COVID-19 Vaccine AstraZeneca (AZD1222) also known as Covishield COVID-19 Vaccine Janssen (JNJ-78436735) from Johnson & Johnson, and Several other vaccines See the...

Life Insurance in Canada and COVID-19: Industry Perspective

A number of industry experts and thought leaders weigh in on how COVID-19 is impacting the life insurance industry, and what can be expected in the future. Click on the thought leader’s picture below to explore their perspective. Terri BotosanPresident, Employee Benefits, Retirement and Life, HUB International Doug PaulVice President, National Sales and Distribution, SSQ...

Getting Life Insurance During the COVID-19 Pandemic | 5 Reasons to Act Fast

The COVID-19 Pandemic in Canada The number of people affected by Coronavirus (COVID-19) around the world exceeded a million by April 3rd, and the death toll continues to climb. Canada still affected with thousands of cases and multiple deaths daily which is terrible for all Canadians. How is this affecting the life insurance industry?...

Life Insurance Claims and COVID-19 | Will Your Claim Be Paid?

COVID-19 Pandemic in Canada The Coronavirus (COVID-19) pandemic continues to spread around the world with over 1,000,000 infected and more than 50,000 deaths to date. Although Canada appears to be escaping the brunt of the impact, our country is still affected with over 3,000 cases and 30+ deaths as of March 25, 2020. With...

Life Insurance and Coronavirus (COVID-19) | What You Must Know

What is Coronavirus and why is it so scary for life insurers? The entire insurance business is based on risks and the ability to evaluate them. At the same time, life insurance companies do not like situations where they do not have enough information and statistics about risks related to their potential customers. People who...