by Guest » Thu Jun 04, 2009 07:13 pm
What is the availability of life insurance for hiv patients? Are there any other Life Insurance companies that will insure people with HIV? Please advise.
Thank You
Thank You
Posted: Mon Aug 09, 2010 05:49 pm Post Subject:
thanks that makes sense since many of the HIV+ patients may end up living more than 2 years and not really is eligible for any immediate benefits.
Posted: Mon Aug 30, 2010 07:32 am Post Subject:
Personally i don't know any company selling insurance for HIV patients. I think if any then the premiums would be very high.
Posted: Tue Aug 31, 2010 11:46 pm Post Subject:
No one targets life insurance sales to persons with HIV+ status. However, there are insurers who do no medical underwriting up to $25,000 or $50,000, and will accept persons who are HIV+.
Posted: Wed Sep 01, 2010 12:09 am Post Subject:
Just read this in an earlier post, then read InsuranceExpert's initial response. I understand the comment, but let me play devil's advocate for a moment.
If this statement is true, then doesn't it defeat the premise that people should purchase insurance only when young and healthy?
Why would the 20-year-old with no dependents, no financial burdens, and a life expectancy of 65 years find "value" in life insurance?
Why not wait until at least 24 months prior to death to purchase life insurance? Well, the answer to that question is that we don't know when we're in those last 24 months.
The other reason is what you mentioned in your last post. Guaranteed issue policies are typically limited to $50,000 or less coverage.
Posted: Thu Oct 14, 2010 08:29 pm Post Subject:
Any new news on Inurance Police for People living with HIV?
Posted: Thu Oct 14, 2010 09:08 pm Post Subject:
Other than what's already been posted? NO. And don't hold your breath for any major changes any time soon.
Posted: Fri Oct 15, 2010 08:25 am Post Subject:
MaxHerr, what about a Jet issue policy as mentioned before?
Posted: Fri Oct 15, 2010 09:25 am Post Subject:
Jet issue still asks about HIV. One needs Guaranteed issue to qualify. They are usually limited to $50,000 and have limited benefits for the first 2-3 years.
Posted: Fri Oct 15, 2010 02:11 pm Post Subject:
Insurance companies do cover HIV, as long as its not full blown AIDS. But one has to pay higher terms.
Posted: Fri Oct 15, 2010 02:49 pm Post Subject:
I just wanted to say, that I am a consumer. I originally tested positive in 1988, when it WAS a death sentence, yet lo & behold here I am still healthy. I work out 5 times a week, & my viral load is undetectable. My doctor has told me theirs no reason I can't live another 20 years. HIV hasn't been a death sentence in a while, what you do ABOUT it is. I was just looking into life insurance because I'm in the process of having a child, & even though the child would be taken care of with my veteran's benefits, was just looking into the most affordable (or possible) way to get an Insurance Policy. I may just have to wait until Insurance catches up with medicine.
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