ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

3 Types of HIV Life Insurance policies for people living with HIV

Updated on September 3, 2012
Hiv Life insurance
Hiv Life insurance

While the science and technology has advanced to a greater extent, there is one aspect which still needs attention and that is the treatment for HIV positive people. There is no specific treatment to completely cure HIV or AIDS. However, one good thing is that there are huge efforts going on to identify the viral definitions and effective preventive and curing treatment methods. With proper medicine you can maintain the health condition to some extent. People who are affected with HIV are deprived of some privileges and HIV life insurance is one important aspect among them. While you feel it is the end of the road, there is nothing to worry. Today, you can avail the benefits of HIV life insurance to lead the life style you desire in style.

What is HIV Life Insurance?

HIV life insurance is a life insurance policy specifically designed to cater to the insurance needs of people affected with HIV. Prior to 2002, there was no such policy with the insurance companies. The reason behind this situation was the lack of information to assess the risk involved with HIV people. During 2002, insurance companies have identified that HIV is a disease like diabetes or any other chronic condition. This concept gave HIV life insurance to light. While the charges and payment terms would naturally differ with the normal policies, owing to the risks involved, this really is a good move as people with HIV can now avail a life insurance to streamline their lives in an efficient manner.

Types of HIV Life Insurance Policies

Taking a life insurance policy at an early age is always beneficiary in terms of premium payments. People who have taken a policy before contracting HIV can enjoy the benefits, a normal policy offers. However, if you have HIV, then there are normally 3 types of HIV Life insurance policies available today.

Guaranteed Issued Life Insurance Policy

Guaranteed issued life insurance policies are issued to anyone, regardless of their health condition and this policy is available to HIV people too. You don’t need to produce any medical certificate or other health documents. There is a waiting period of 2-3 years before you can avail any benefits from this policy. While you pay your premiums during this period, you get nothing out of it if there is any death involved within that period. However, when you outlive this period, you can enjoy the policy benefits. This is how insurance companies lower the risk factor.

Employee Sponsored Group Insurance

This is a normal group insurance policy sponsored by your employee. You can be a part of this group and avail the benefits of the insurance. As soon as your employment ends, you can convert this group policy into an individual one, depending on the terms and conditions.

Individual Life Insurance

Getting an individual life insurance is not available everywhere and you need to search for this. Go online and check out various insurance companies to find one for you. There are few companies who offer individual life insurance taken into several aspects into consideration like the age, intensity of the disease, healthy conditions and other financial factors.

Act now and search the internet to get life insurance quotes online.

Comments

    0 of 8192 characters used
    Post Comment

    • suvitharoja profile imageAUTHOR

      suvitharoja 

      3 years ago from India

      Hi David,

      Thank you for the useful information.

    • profile image

      David Mohomy 

      3 years ago

      Just found this company who writes guaranteed-issue policies for HIV/AIDS up to $25,000 in Indiana, Ohio and Michigan. Looks like there are no health questions asked either. It's cool cause they post the rates right on their website so you don't need to call to get them. Here's the link: http://www.gamacdonald.com/personal/life-insurance...

    • suvitharoja profile imageAUTHOR

      suvitharoja 

      3 years ago from India

      Its my pleasure

    • suvitharoja profile imageAUTHOR

      suvitharoja 

      4 years ago from India

      You are welcome.

    • annbathan profile image

      annbathan 

      4 years ago from Philippines

      Thanks for the info.....

    • suvitharoja profile imageAUTHOR

      suvitharoja 

      5 years ago from India

      Hi, Sorry for the late reply. I have researched online and found this information. There are some companies in US which offer individual policies for HIV people.

      The Physicians Life

      New York Life

      Mutual of Omaha

      Check this link :

      http://www.thebody.com/h/life-insurance-for-hiv-pa...

      Read the questions and answers on this page and you will find other companies which offer life insurance for people with HIV without medical tests.

    • profile image

      Julien Pierre 

      6 years ago

      Would you mind naming those companies that write individual policies for people with HIV ?

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)