I work in life insurance, and I am not certain the info you received is correct as to insurance companies and underwriting.
As for rates, the rates cannot be changed until mortality tables change, which happens very infrequently. And, as for United States experience, it may be that the mortality experience was within the margins of error for expected mortality.
I do know that the insurance companies we work with were adding special forms and/or requiring additional affidavits as a part of the underwriting process, so that a person’s Covid infection could be used to deny claims as fraud or material misrepresentation, should the proposed insured be trying to obtain insurance WHILE having Covid 19.
Just my experience and observations....
I read somewhere recently where a woman died after getting the vaccine and her life insurance company refused to pay out to her beneficiaries apparently because the vaccine hasn’t been fully approved by the FDA.
My first reaction was to raise the BS flag but since you’re in the biz perhaps you’d know.
Thanks.
Appreciate Freepers who try to be informational!