Insurance companies want 'waiting period' for Covid-infected patients

Last year's devastation caused by the second wave of the Covid 19 outbreak sparked a trend that is now a full-fledged policy for all insurance firms. 

For persons infected with the Covid virus who wish to acquire a term plan, life insurance firms are requiring a three-month waiting period.

Companies are also demanding additional medical tests, including chest X-rays, depending on the severity of the infection and if hospitalization was required, in order to give a term plan to people who do not have any existing insurance.

Last year's devastation caused by the second wave of the Covid 19 outbreak sparked a trend that is now a full-fledged policy for all insurance firms. People who wish to acquire a term plan must fill out a so-called Covid declaration form, which asks, among other things, if the insurance buyer has been infected with the virus in the previous 90 days. Furthermore, depending on the severity of the infection, test results are required.