Do life insurance cover illnesses caused by Coronavirus?
The World Health Organization (WHO) has classified the Coronavirus (COVID-19) as a pandemic on a global scale. As of the time of writing, 1.7 lakh people have passed away and nearly 25 lakh people have been affected by this illness. People around the world are in a frenzy. People are no longer even leaving their homes and have adopted a self-quarantined lifestyle as the norm. Family members are undoubtedly a major issue for many people. A global pandemic raises difficult considerations for the public. What would happen to their loved ones if something were to happen to them? Will their life insurance coverage for illnesses pay out if they pass away from COVID-19?
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