American Council of Life Insurers (ACLI): COVID-19 vaccine status of policyholders does not affect life insurance claims

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WASHINGTON, September 16, 2021 / PRNewswire / – Jan Graeber, American Council of Life Insurers (ACLI) Senior Health Actuary released the following statement on misinformation regarding COVID-19 vaccines:

We said it before and, sadly, we have to say it again as misinformation about life insurance claims and the COVID-19 vaccine continues to spread.

“Policyholders must be assured that nothing has changed in the claims settlement process following COVID-19 vaccinations. Life insurance policies are very clear about how they work and the cause, if any, that could lead to the denial of a claim. The decision of an insured whether or not to be vaccinated against COVID-19 is not one of them. Nothing has changed in the life insurer claims settlement process.

“Policyholders should contact their life insurance companies, agents or financial professionals with questions related to COVID. They will be happy to help you. “

The American Council of Life Insurers (ACLI) is the leading trade association that directs public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for their financial protection and retirement security. ACLI member companies are dedicated to protecting the financial well-being of consumers through life insurance, annuities, retirement plans, long-term care insurance, disability insurance, reinsurance, dental, vision care and other additional benefits. ACLI’s 280 member companies represent 95 percent of the industry’s assets in United States.

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American Council of Life Insurers | 101 Constitution Avenue, NW, office 700 | Washington DC 20001-2133

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