Can I buy life insurance during a pandemic?

As a provider of life insurance to Catholics for over 140 years, Catholic United Financial is proud to do its part to help those in the community during a time of loss. Unfortunately, the coronavirus pandemic has brought to the fore just how precious life is and how quickly things can change.

Rest assured — Catholic United is still “open for business” during the coronavirus pandemic

It’s never too late to consider additional life insurance. “When deciding to buy life insurance, take into consideration your financial situation, health and that of your survivors. Ask yourself, ‘Where would they be financially if I were to pass?’,” says John Tetzloff, Catholic United’s Advanced Case Specialist. “In some cases, it would be a significant loss.”

If you have COVID-19 symptoms or have tested positive for the virus…

…we suggest that you wait to apply for coverage until you have fully recovered. Since your safety is our first and foremost concern, during the pandemic we are using virtual video meetings to start and complete the application process. Our normal underwriting guidelines, however, have not changed. Depending on your age and the type of policy being applied for, you may need to undergo a paramedical exam or additional tests.

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We will do everything we can to review and decide on your application as quickly as possible. Please keep in mind that If we need to request additional tests or review past medical records, additional time may be required due to reduced staffing at hospitals and clinics.

“Your best bet is getting the process started right away,” Tetzloff recommends. “Take time to determine what type of life insurance is right for you and how much coverage you may need. Your local Catholic United rep can help you get started.”

We all know this a rapidly changing situation. Please do your part and follow state and local health guidelines. We all want things to get back to normal as quickly as possible.