You may be aware that the Financial Services Council (FSC) recently issued a media release stating that receiving the COVID-19 vaccine will not impact life insurance policies.

 

In the statement, FSC CEO Sally Loane said “to be clear - the COVID-19 vaccine is not experimental treatment. Receiving approved treatment from a qualified medical professional at an approved medical facility is not a self-inflicted injury."

 

“One of the main reasons why people hold life insurance policies is to provide peace of mind for themselves and their families. The FSC would like to reassure Australians that when they get vaccinated, their life insurance will be there for them, completely unaffected.”

 

AIA Australia’s position is aligned with the FSC and we want to provide comfort that if your members receive the COVID-19 vaccine then this will not invalidate their life insurance cover.

 

The official FSC media release can be found here.