Is there term life insurance for people living with HIV?

Yes, people with HIV may be able to qualify for life insurance coverage.

New York Life, Mutual of Omaha, and Physician's Life may offer life insurance coverage for people who are HIV positive.

The requirements for approval and the amount of life insurance available will vary by insurance company, as each has their own set of guidelines for approval.

There are also Employer provided group life insurance plans that offer coverage to employee...
Continue reading ...

Is it possible to get life insurance for someone who is ill with a health condition?

It depends on the person's age, but there are life insurance plans that offer guaranteed approval for all applicants that meet the age requirement.

For instance, one insurance company offer up to $25,000 of guaranteed acceptance whole life insurance for people age 45 to 85. 

There's no health examination required for guaranteed issue plans and there are no health questions asked.

Basically, if you meet the age re...
Continue reading ...

Testing positive for HIV after your Life Insurance policy is "In Force" has no affect on your life insurance coverage. Once the life insurance policy is issued the life insurance company can not change it because your heath has changed.

Testing positive for HIV before applying for a life insurance policy will be a decline with most insurance companies but not all.

Testing positive for HIV during an Insurance Health Exam will be a decline or at best postponed till you are rec...

Continue reading ...