By Tom Blackwell | National Post
It’s not just doctors, public health experts and scientists who are struggling to figure out how much of a threat the novel coronavirus poses.
Like SARS and the pandemic flu before it, the newly emerged infection is presenting some unique challenges to Canada’s life insurance industry — and patients who might want to buy a policy.
Some companies say they would outright deny coverage to anyone who has contracted the disease, while others would insist potential clients be certified disease-free for at least three months, according to a new survey of the industry.
Their responses underscore what seems to be a growing reality in an era of globalization and mass travel. The novel coronavirus is the latest in a group of at least three other respiratory illnesses that have arisen and spread to varying extents in the last decade and a half.
Insurers don’t necessarily believe COVID-19 — the infection’s official name — is a particularly lethal bug, they’re just unsure about its true nature as a health hazard, says insurance broker Lorne Marr, who put together the report.