Coronavirus Pandemic Reminds Us of Importance of Life Insurance

As of the beginning of May 2020, coronavirus is responsible for almost a quarter of a million deaths worldwide. The coronavirus pandemic has reminded us of all of what is truly important in life. It has inspired a newly discovered gratitude for the simple things. In addition, it has emphasized the meaning of our loved ones. In situations where we have to worry about health and safety, we find some perspective. After all, in a world where things are so uncertain, we have to be sure of taking care of loved ones. Insuring our lives has never been more important. Life is so uncertain, life insurance is not.

Why You Need Life Insurance: The Danger of Coronavirus

The coronavirus pandemic came out of nowhere with a frightening reminder about human mortality. Most of us don’t think about this on a daily basis. When we think we have all the time in the world, we don’t feel pressure to plan. Unfortunately, life is unpredictable and things like coronavirus can pop up at any moment. Thus, it is critical to always be prepared. After weeks of quarantine and social distancing, we are still not out of the woods. The reality is that we truly have no idea how long coronavirus will be a danger to our world population. According to an article from Yahoo Finance, “new data from the University of Pennsylvania suggests that relaxing lockdowns across U.S. cities and states” could lead to roughly 233,000 more deaths across the United States. 

Will Coronavirus Be Covered by My Life Insurance?

Amid a global pandemic, many have started thinking about life insurance and coronavirus. Will you be covered? Most life insurance plans should cover any deaths caused by coronavirus, “according to spokespeople from industry research group LIMRA, State Farm and Farmers New World Life” (nerdwallet.com). Of course, you still have to hold up your end of the deal as the consumer. This means making your payments so that your policy does not end up lapsing for delinquency. In addition, ensure the insurance company would have no cause to deny your claim. So, report all information accurately on the required life insurance forms. Finally, make sure you have the correct policy to cover something like coronavirus. For example, accidental death and dismemberment insurance is intended to cover accidents, but not illnesses. 

The Takeaway

Of course, we never know what tomorrow will bring. However, we can be confident about our ability to handle whatever comes. We can live each day with the confidence that our loved ones will be provided for in the event that the worst should occur. Even though the vast majority of people who contract coronavirus recover, there are no guarantees. Beyond that, coronavirus is just one of the many threats we face every day. It might be the one that is on everyone’s mind, but we are vulnerable to so many things every day. Don’t be caught off guard. Protect your loved ones today by comparing quotes. Insuravita can help!

Auto Listings
Motorcycle Listings
Life Listings
Health Listings
Home Listings
Small Business Listings

Leave a Comment





This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECENT POSTS

Car Insurance, Commuting, and Coronavirus: Companies Offer Relief in Uncertain Times

May 25, 2020

Car Insurance is essential for anyone who drives. And the word “essential” has taken on a whole new meaning these days. Our daily lives have changed drastically amid coronavirus and…

Read More

Coronavirus Pandemic Reminds Us of Importance of Life Insurance

May 4, 2020

As of the beginning of May 2020, coronavirus is responsible for almost a quarter of a million deaths worldwide. The coronavirus pandemic has reminded us of all of what is…

Read More

The Healthcare Industry, Health Insurance, and Coronavirus

March 30, 2020

According to CNN, as of March 22, the number of deaths from coronavirus in the United States has risen to 377. As a result, governors in 5 states have issued…

Read More

Kobe Bryant’s Tragic Loss Reminds Us of the Fragility of Life

January 27, 2020

Kobe Bryant’s passing is a terrible tragedy. It’s easy to forget how fragile life is. Unfortunately, we can get caught up in the hustle and bustle. It is not uncommon…

Read More

Seinfeld Teaches the Value of Home Insurance; Don’t Be like Jerry

May 22, 2020

Lessons are all around us. Some we accept openly with grace. Others we have to learn the hard way. Home insurance is one of those things that you definitely want…

Read More

Health Insurance Resources: Telehealth and Mental Health During COVID-19 Pandemic

May 20, 2020

COVID-19 has changed the way that we live our normal day to day lives. We are wearing face masks when we go out in public for essential needs only. Gone…

Read More

Navigating the Road of Car Insurance, COVID-19, and Policy Relief

May 11, 2020

Car insurance provides uncertainty in these uncertain times. Given the fact that so much is up in the air, it’s nice to have the solid protection on the road. Even…

Read More

Staying Healthy and Sane Amid Coronavirus Quarantine and Self-Isolation

March 21, 2020

Today’s world is one of anxiety, illness, and fear versus fact. The COVID-19, or Coronavirus, outbreak is quickly making its way around the world, impacting people in ways we never…

Read More