Will I Be Denied Life Insurance Because of an STD?

Sexually transmitted diseases are unfortunately a fact of life. There are many ways in which we can protect ourselves, yet thousands of people every year still become infected by a particular STD.

A big question many people ask when it comes to sexually transmitted diseases is whether they preclude them from being accepted for life insurance. There is no simple answer here – many times it depends on which STD is involved and whether you have it now or have suffered from it in the past.

Life insurance and HIV

If you have been diagnosed as HIV positive you can expect to find it more difficult to get life insurance. Indeed, when you apply for life insurance you will be asked if you have tested positive for HIV in the past. If you have been tested but it has come back negative, there should be no requirement to pass on this information.

You will also usually be asked if you have tested positive for Hepatitis C or B. These can be transmitted sexually although it is less common for them to be spread in this way.

What about other less serious STDs?

You may be asked whether or not you have had any sexually transmitted diseases in the past. Sometimes a period of five years will be used to determine this. So for example if you had an STD four years ago you would have to answer ‘yes’ and possibly give details. If you contracted an STD seven years ago you would be able to answer ‘no’.

Very often a minor STD that has only cropped up once and been effectively treated won’t cause any problems when it comes to getting life insurance. However if you habitually suffer from a particular STD you may find it comes into the equation when the insurer is calculating your premiums.

Your health in the long term is what matters most to an insurer

When an insurer is working out how much you should pay for your life insurance policy, they are trying to calculate how long you may live for. This is why one instance of an STD should not count against you, because it may have little to no effect on your long term health. By the same token you can see that having an ongoing issue with a particular STD could influence the decision on whether or not to accept you for life insurance. If they do accept you, you may find your premiums are higher than they would be if you did not have an STD.

There are two main points to remember here. Firstly you should shop around and get a range of life insurance quotes. This will help ensure you find the cheapest policy for your needs. If you find you are rejected by one insurer, don’t assume the same will be true of other insurers. Secondly, make sure you are honest when filling in the forms. If you are economical with the truth it could make any policy you receive null and void.

By: http://insured247.co.uk


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