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Good News - Insurance changes in response to Coronavirus Pandemic

Posted on 26 October 2020
Good News - Insurance changes in response to Coronavirus Pandemic

Are you concerned about the increase in Coronavirus infections?

Recently I have had numerous conversations with clients.

Many are wondering what happens if they or a family member contracts the virus? Do they have adequate life and illness insurance? Some clients need to travel and want to know if their travel insurance will provide coverage if they fall ill due to COVID 19.

The truth is, until now, no Critical Illness or Travel insurance policy has covered COVID-19.

Effective October 1st, $5,000 of complimentary coverage for the entire family in the event of hospitalization from COVID-19 has been added as a free benefit to all new La Capitale Living Benefits products.

Example: Simplified CI (6 Illnesses) - Monthly Pricing (Term 10, $10,000)

$8.43Male 18-25
$8.73Female 18-25
$17.13Male 41-45
$15.89Female 41-45

More vulnerable clients ages 56-60: Coverage to age 75 plus COVID-19 Benefit for only

$33.59for a Male non-smoker
$26.54for a Female non-smoker


More Info: Please see Simplified Second Chance Application with Rate Sheet.

Effective October 15th Manulife offers a special COVID19 Travel Plan. Whether it's an unexpected-but-necessary visit to see family or a business commitment, some Canadians are still travelling within our country and to global destinations and they need travel insurance more than ever before: specialized coverage that helps protect them in the event they fall ill due to COVID-19 is now available.

For more Info, please download Manulife's COVID-19 Pandemic Travel Insurance Flyer by clicking this link..

If you have any questions regarding this or would like to review your insurance and financial situation, please do not hesitate to contact me.

Tags:Latest NewsLife InsuranceHealth

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