Covid-19 shot before cover: Max Life, Tata AIA make vaccination must for term life

While Max Life is issuing term covers to people over the age of 45 only if they are able to produce their final vaccination certificates, Tata AIA is issuing policies, irrespective of age, only to those who have received their first shot. The trigger for these conditions for issuing new term policies seems to have originated from reinsurers such as Munich Re and Swiss Re, who are the biggest underwriters of risk for the domestic insurance companies.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3x3x5iv