AFA News 21 October 2021. On 14 October 2021, Australia’s largest life insurers – AIA Australia, Clearview, MetLife, MLC Life Insurance, Resolution Life, TAL and Zurich announced they were joining forces in support of Australia’s COVID 19 vaccination program.

As Australia pursues high rates of vaccination on the road out of COVID 19 restrictions, the life insurers have created “We Have You Covered”, a joint national initiative designed to reassure and give confidence to Australians that once vaccinated, their life insurance products will continue to protect and cover them as they have always done.

Between them, the seven insurers provide life insurance cover to more than 14 million Australians. Through this initiative, they are cooperating to provide confidence to customers and the community around approved COVID-19 vaccines and their life insurance products.

A website, www.wehaveyoucovered.com.au, has been launched as an educational resource to help provide confidence and peace of mind to the community, with a focus on three key areas:

• Receiving an approved COVID-19 vaccination does not affect a customers’ ability to claim on existing life insurance policies.
• Receiving an approved COVID-19 vaccination does not affect people’s ability to access life insurance in the future.
• While serious side effects are rare, life insurance covers any serious side effects from approved COVID-19 vaccines that meet the terms and benefits provided under a customer’s policy.

Please click here for a copy of the media release.

Issued 21.10.2021. AFA Policy & Education Update

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