If you’re living with HIV, you may have questions about how this affects your life insurance application. The good news is that your HIV status alone is unlikely to prevent you from taking out cover. Advances in modern medicine have reduced infection rates and improved the general health of many living with HIV, and many insurers now reflect these changes in their policies.
Can I still get cover if I have HIV?
Direct Cover Life Insurance won’t contain automatic exclusions if you disclose your HIV status, and you can still apply for life insurance cover. While your HIV status will be considered as we review your application, our main focus will be on your general health and your medical history.
What information will I need to provide?
If you are HIV positive, you may be asked additional questions about your diagnosis, treatment plan and viral load. Depending on your responses to these questions, you may be fully accepted for cover, have a loading (a higher premium) placed on the cover, or we may not be able to offer you any cover.
As with all life insurance applications, it’s important that you answer these questions honestly, as any incorrect information could impact future claims that you or your loved ones might make.
Will I be able to make a claim for HIV?
Disclosing your status does not automatically exclude you from making a claim for HIV. However, in some circumstances, an exclusion may apply. If this were the case, we would always notify you before you agree to commence the policy.
How we can help you
If you need anything further, please don’t hesitate to get in touch, and our Australian-based team will be happy to answer any questions you might have. You can reach us on 1800 583 675 from Monday-Friday, 8am to 7pm (AEST/AEDT), excluding NSW public holidays.
More information
The Council of Australian Life Insurers (CALI) advocates for national policy settings that expand Australians’ access to life insurance protection that suits them when they need it most.
For more details about HIV and life insurance, CALI has prepared a Consumer Fact Sheet, that explains its commitment to consumers.