Given that death rates of HIV positive individuals have fallen during the past few years, should they be given access to life insurance?
By: Ringo Bones
The good news is, the death rates of persons who are diagnosed as HIV positive have fallen by as much as 40 percent around the world since 2005. The bad news is that there are still some insurance providers who deny them life insurance. Since the 1980s, patients who are diagnosed to be HIV positive have been denied access to fully underwritten traditional life insurance. But as death rates in HIV positive diagnosed persons continue to fall due to the advent of affordable and increased access to anti-retroviral medication, life insurance underwriting for HIV positive diagnosed persons are now available.
Ross Deerman, chef executive of All Life provides mortgage and life insurance policies to HIV positive diagnosed persons / AIDS survivors during the past few years in South Africa. During the past five years, death rates of HIV positive diagnosed persons on the African content have fallen by as much as 58-percent but the stigma still remains on traditional insurance underwriters not granting life insurance policies to HIV / AIDS survivors. All Life’s program / business model of giving HIV Positive persons access to fully underwritten traditional life insurance has already spread to other countries with local All Life branches. Maybe insurance providers should also offer healthcare packages designed for lower income HIV positive persons that allow them greater access to anti-retroviral medication.