If you are wondering how you can continue to keep your life insurance active during these tough times, here is what you need to know.
Stay in contact
COVID-19 has disrupted business as usual and brought in an uncertain phase for many South Africans who are barely holding onto their jobs. Furthermore, there have been millions of people across the country that find themselves without jobs. What does this mean if you have important policies that require a monthly payment of premiums to be kept active?
It is important to stay in contact with your insurer during these times to find a way that will prevent your policy from lapsing. If you have a policy with MiWayLife you can contact us here . Your insurer may be able to find a way to work around your situation, but it is important to inform your insurer before the debit order goes off.
Can you still get cover during COVID-19?
Having life insurance during the Coronavirus pandemic has proven to be more important than ever. You can still take out life insurance during the coronavirus pandemic, even if you have been diagnosed with the virus. You can find out more about MiWayLife's Coronavirus Notice to stay informed when it comes to your life insurance cover.
Finding the right cover by comparing its features and carefully reading the terms and conditions is essential. Always remember to inform your beneficiaries or a trusted person about the details regarding your life insurance so that your loved ones will be able to place a claim.