The Coronavirus has had a major affect on the economy, businesses, and society as a whole. It’s effect has reached every person on earth in some way and to different degrees. Many businesses have shut down or temporarily closed, people have lost their jobs and others have been stood down. Society has been in a holding pattern as it tries to adapt to the new normal of a virus holding it hostage.

A survey was conducted recently of 2500 across the Asia Pacific Region to understand how people were handling the current crisis. It found that over twenty five percent of people surveyed were worried about their financial situation due to Covid 19. In fact, many were to the point where they were overwhelmed and anxious about their current position. The seriousness of the concerns was reflected in the forty percent of respondents who said that they were stretched but coping with the current situation. Should this epidemic continue further, this forty percent could easily slip into a more critical status.
When questioned on what products they felt were important during this time, many highlighted Insurance as one of the most critical products to have right now. For great Insurance see Woolworths Insurance and use a Woolworths Insurance promo code.
Many people questioned have commented that they contacted their existing insurer or looked into new insurers instigated by the crisis. Many have spent time looking through their existing policies and discovered benefits of their policies that they were not aware of before.