Manulife accepting life insurance apps from HIV-positive Canadians

Manulife says it will now accept life insurance applications from people who have tested positive for the Human Immunodeficiency Virus (HIV). It’s the first insurer in Canada to take this step.

Now, such applicants can apply for individual life insurance for up to $2,000,000 if they: have tested HIV positive; are between the ages of 30 and 65; and meet certain criteria.

The company’s research experts analyzed the latest mortality and long-term survival rates of HIV-positive Canadians to better understand their risk profiles. Going forward, Manulife plans to rely less on traditional underwriting models.

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