The Financial Services Council has reassured Australians that taking a Covid-19 vaccine will not invalidate their life insurance policies despite what it says are false rumours suggesting otherwise.
FSC CEO, Sally Loane, said the rumours, which are understood to have been circulating on social media, incorrectly suggest the Coronavirus vaccine is an experimental medical treatment and therefore having the vaccine is a self-inflicted injury which could void life insurance policies.
“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,” said Loane, who continued:
This scare mongering is wrong…
“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.
“This scare mongering is wrong, it is entirely inappropriate and it needs to stop immediately,” she said.