Question


brutal s

HIV and Life Insurance Reinstatment?

In March 2004 I purchased some term life insurance. When I moved to Washington State (from Colorado where the policy was writen) I changed my bank accounts and closed the account that my life insurance premium was automatically being paid from. My life insurance coverage lapsed (currently 120 days). In the policy contract it says you can reinstate the policy by (1) provide evidence of insurability and (2) pay all overdue premiums plus 6% interest. Now here is the BIG question.... Am I Insurable? This Jan I was diagnosed with HIV. I have health insurance paperwork signed by my doctor showing my HIV+ status and saying that I do not have AIDS. In all the life insurance medical underwriting questions it asks... in the past 10 yrs have you been (a) Diagnosed by a member of the medical profession as having Acquired Immune Deficiency Syndrome (AIDS) or AIDS-Related Complex (ARC)? (b) Treated by a member of the medical profession for AIDS or ARC? By my understanding of these two questions can answer NO to both of them. Does this mean I can go about reinstating my life insurance?

6 months ago - 5 answers

Best Answer

Chosen by Asker

brutal s, Life insurance covers lots of different things. Since I live in Michigan I'm not familiar with the Colorado laws and regulations, so I recommend you call a local life insurance agent. www ... They will be able to help you.

by Chet C

6 months ago

Asker's Rating: 

Other Answers

Maybe if you didn't sleep around then you wouldn't have that disease.

by Brandon- 6 months ago

If you have any sort of symptoms, no matter how mild, then you have ARC. If you completely symptom free but HIV positive, then you do not yet have ARC.

by Starlight- 6 months ago

There is no harm done in applying. Tell the agent to send the application in "Non-Bind". This way you can apply and see what they say. They will probly do a blood test and figure everything out for themselves. Non-bind means that you do not give anybody any money. They do not cover you until they approve you. In situations like yours it is the best way to go. Then the insurance company makes you an offer or not, and then you can decide to take their offer or not. It is not binding either way until both parties accept the offer. Yes, go ahead and apply. Just do it "non-bind" and let the insurance company decide if they want you.

by car253- 6 months ago

my suggesting would be getting as much information as you can before taking any action,here www ... is a good place for that purpose.

by LISA T- 6 months ago