Nationwide continues to find ways to make doing business with us easier
We want to keep you informed on our latest updates to Nationwide’s responses to COVID-19 and our Life Insurance business. We continue to focus on the speed and ease with which our partners can do business with us, as well as making it as easy as possible for customers to apply for and obtain valuable life insurance protection.
New Updates
- International Travel – Travel restrictions for COVID-19 expired on December 31, 2020. We are back to ”business as usual” with our international underwriting guidelines, effective January 1, 2021.
- COVID-19 Vaccines – Underwriting for proposed insureds who have received the COVID-19 vaccine is staying “business as usual” whether they have had one or both doses of the vaccine. To further clarify, we are not taking adverse underwriting actions based solely on COVID-19 vaccination status.
- COVID-19 Exposure – Underwriting for proposed insureds who have been exposed to COVID-19 but have not had any symptoms for 14 days or include a negative COVID-19 test are eligible as “Otherwise Qualifies” with a Good Health Statement.
- COVID-19 Positive Test Results – Underwriting for proposed insureds who have had a positive test for COVID-19 without hospitalization will be postponed for 30 days. We no longer require 2 negative COVID-19 tests after recovery. This includes our CareMatters® product, but please note that the postponement period without hospitalization for CareMatters is 60 days.
Click here – for our most recent COVID-19 FAQs for answers to commonly asked questions about doing Life business with Nationwide.
We continue to be here for you
We are very proud that Nationwide is not experiencing an interruption with our service-level agreements in getting applications submitted, underwritten and issued.
Nationwide’s Intelligent Underwriting process is still the best choice for submitting applications to us. We now include our Standard rate class in our acceleration program. Additionally, we continue to accept alternative sources of medical information when an exam is necessary for both traditional business and for our Intelligent Underwriting process. We are also accepting electronic signatures for amendments, delivery receipts and allocation forms through DocuSign.
If you have any questions or concerns, please reach out to your contacts in underwriting, sales or case management and let us know how we can help.