Discovery Life says it wants to reward its clients who have helped the country by getting vaccinated. File photo.Anti-vaxxers who don’t take the Covid-19 jab could “unfortunately” be hit with higher Discovery Life premiums, while those who are vaccinated will benefit from lower premiums.
“Clients are asked upfront if they have already been vaccinated, or if they plan to get vaccinated as soon as circumstances allow. If they answer yes they will get the offer.” Discovery Health’s extensive claims data reveals that Covid-19 adds significant risk to the health of life insurance clients across all age groups.
Being vaccinated against COVID-19 is now a consideration in determining life insurance premiums and benefits for new clients, says Discovery Life, calling it a ‘first-of-its-kind’ underwriting determinant in the SA life insurance market. Effective from today.“Our research reveals that middle-aged clients have the highest relative increase in mortality risk once becoming infected with Covid-19,” Van Reenen said.
Through engagement with Vitality and their financial advisers, Discovery Life can determine a client’s individual level of risk and pass insurance savings back to them through rewards such as lower premiums and PayBacks.
Discovery has just lost a client. Screw them. Flipping nwo company.
Just in case you needed any further proof of what an evil company Discovery is.
This is differentiation and it is unjustified in a democratic society. Furthermore, it infringes section 12 (2) of the Constitution.
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Just cancel the damn policy in large numbers & see who begs? Consumers don't even understand their power. Let them accept the responsibility of any side effect from the vaccine before they dare speak of a mandated crap. If you impose, you accept the cost of side effects. Fair?
That's unconstitutional.
Haaaah
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