HIV Life Insurance Coverage
Basic HIV Positive:
Since the 1980s, HIV+ patients have been denied access to fully underwritten, traditional, life insurance programs. The only option available for those wanting life insurance was to purchase a guaranteed issue HIV life insurance option. The day has finally come that insurers and reinsurers are willing to approve and underwrite HIV+ cases. These cases can only be approved if the virus was detected and complied with early and controlled through aggressive medical treatment.
Because new HIV treatment has been so successful, a significant quantity of people currently infected will be able to qualify. One of the only downfalls at this point is that the maximum amount of coverage per applicant will only be $1 million. While there is a “perfect client,” the scenarios listed below are the basic underwriting guidelines.
Those are the basic HIV life insurance guidelines. People that currently have HIV and doctors/healthcare providers that treat the virus are aware that these guidelines are not overly stringent. A better way of explaining this is that there really should be many well controlled HIV cases that fit this criteria. The guidelines below help paint a picture of what an underwriter would look for in a “perfect case.” (The above basic underwriting guidelines must also be met).
Perfect HIV Positive:
It is important to understand the huge difference that has been made in the past month. We are now able to offer full underwritten HIV life insurance to customers that are HIV positive. While this plan will not work for everyone diagnosed with HIV, it will give many with HIV an appropriate life insurance policy instead of the small coverage offered through guaranteed issue offers. Business people living with HIV+ finally have the opportunity to get the HIV life insurance coverage they require. Professionals, from entertainment to athletes, can at last find an HIV insurance provider that gives them the coverage they deserve. Gay couples, regardless of if one or both partners are HIV+, will be able to get the HIV life insurance coverage that they were never able to before. Please contact me if you would like a quote for HIV life insurance, or have any additional questions.