March 22, 2021

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Taking COVID-19 vaccine does not affect whether life insurance pays death benefits

The Associated Press checks out some of the most popular but completely untrue stories and visuals of the week. This one is bogus, even though it was shared widely on social media. Here are the facts:

CLAIM: If you receive the COVID-19 vaccine and die, insurance companies will not pay out on the policy because the vaccine is experimental.

THE FACTS: Life insurance policies have not changed because of the COVID-19 vaccination and getting the shot will not impact whether a policy pays out in the event of death, according to the American Council of Life Insurers.

The U.S. Food

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Insurance Commissioner Debunks Online Claims Getting COVID Vaccine Will Affect Life Insurance

Social media posts making claims about COVID-19 vaccines affecting life insurance policies have been making the rounds.

They say things like policies are invalidated if you get vaccinated or they won’t pay out if you die within a year of getting vaccinated. Oklahoma Insurance Commissioner Glen Mulready has seen some posts and responded to a few himself.

“No, when you get a vaccine — the COVID-19 vaccine — it does not void your life insurance policy, or your health insurance policy for that matter, too,” Mulready said.

Many of the false posts cite the

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5 factors that affect home insurance rates

Shop around to see if your home insurance rate can be cheaper. (iStock)

Several factors can increase your home insurance costs, but consumers can shop around and bundle their rates to slash them.

Comparing multiple insurance quotes can potentially save you hundreds of dollars per year. And, ​it’s so easy to get a free quote in minutes​ through Credible’s partners here.

What causes insurance rates to go up?

The environment in your neighborhood can change over time, increasing your risk of flooding and being impacted by wildfires and earthquakes. If you live in a rural area, the closure

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