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Guide to life insurance and Covid vaccine UK

We look at the various implications of the Covid vaccine on life insurance in the UK and what to expect

A photo of Daniel Sharpe-Szunko, the author

By Daniel Sharpe-Szunko

Published on: 29 December 2022

3 min read

Guide to life insurance and Covid vaccine UK 

One of the biggest single events of our lifetime for many of us, was the recent global pandemic and COVID-19. Almost everyone will be familiar with the various types of COVID-19 vaccines, regardless of our different opinions about these. 

It is understandable to want to understand whether there is any impact on life insurance from the Covid vaccines. 

In this guide we look at the various implications of the Covid vaccine on life insurance in the UK and what to expect. Some people might be asked very different questions about the vaccine on their life insurance applications, depending on their chosen insurer and their medical history. 

According to statistics from the World Health Organisation (WHO), 79.9% of the UK population received at least one dose of the vaccine. There was also 75.4% of the UK population that were reported to be fully vaccinated. 

SUMMARY: there are some circumstances where your life insurance applications might ask about Covid vaccines and any history of Covid. It is still very relevant to the current health of the UK population and especially those with pre-existing medical conditions or suffering from the effects of Long Covid. 

Can I get life insurance after Covid vaccine? 

There have been many mixed messages in the press and on social media about Covid vaccines and life insurance. The fact is that your life insurance should not be impacted by whether or not you’ve had one or several Covid vaccines. 

Some insurers may still ask questions about your history of Covid and whether you have been vaccinated against Covid-19. 

The terms and conditions around Covid and Covid vaccination status for life insurance are getting less strict as time passes. You might have applied for life insurance over the past two years and been asked about Covid or vaccinations. It is likely that those questions will be very different now and potentially terms offered may be better. 

You might also have been refused life insurance during or just after the Covid pandemic peak periods. Covid rules for life insurance have significantly relaxed over the past 12 to 18 months and are now back to near pre-pandemic levels. 

Learn more about how life insurance works in our ‘MPO Life Insurance Guide’.

Does Covid vaccine affect life insurance? 

The short answer is no, but there are still certain circumstances where you might be asked about Covid and vaccinations on your life insurance application. 

Current Covid questions that are being asked by most insurers for life cover are: 

  • Have you been treated in hospital for Coronavirus? 
  • Have you experienced symptoms of Coronavirus that have last more than 12 weeks (e.g. Long COVID) 

These are likely to be included on life insurance applications for many years to come, or at least until the outlook changes. 

The other scenario where receiving a Covid-19 vaccination might have an impact on your life insurance cover, is for people with pre-existing medical conditions (e.g. respiratory diseases, autoimmune conditions and diabetes). 

People in the UK with certain health conditions were strongly recommended to have the vaccine, so most should have at least had some, if not full vaccination. Insurers were until recently, suggesting that vaccinations were a requirement to get life insurance with pre-existing medical conditions. 

Find out how to save money on your life insurance if you have medical conditions.

Is life insurance cheaper with a Covid vaccine? 

The simple answer is unfortunately, no, the Covid vaccine has no relevance to your premiums for life insurance. 

It is irrelevant whether you have had one vaccination, or if you are fully vaccinated, to what price you will pay. This is unlikely to change and it has never really been part of the pricing calculations for life cover, even at the peak of the pandemic. 

Which insurers are best for life insurance with Covid vaccine? 

There are no issues from any of the life insurance providers for anyone with or without Covid vaccines. 

You should find that the typical insurance providers will appear for your quotes and the prices will be the same regardless. Normal insurance providers will include: 

The best and cheapest insurer for you will be based on the usual factors which will include your age, lifestyle, the level of cover that you need and if you want to add anything extra to your policy (e.g. critical illness cover). 

How to get life insurance with Covid vaccine 

It is often best to get advice from an independent life insurance specialist who will be able to tell you which insurers are best or cheapest for you. 

There are lots of different ways to buy life insurance to protect your family, such as online or directly through one of the top insurers. You should make sure that you’re comfortable with whichever option you choose. 

Resources

(Data) Gov.uk – Vaccinations in the UK – Coronavirus (COVID-19) in the UK 

NHS England – COVID-19 vaccinations

Office for National Statistics – Coronavirus (COVID-19) latest insights: Vaccines

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