Life Insurance: You Can Lose Out Just Being Associated with Pot
A few weeks ago, Derek Peterson got a letter from Mutual of Omaha, turning him down for life insurance.
Insurers in Quest of the Perfect Heart Attack Definition
Insurers should be concerned when challenged to use the clinical definition of a heart attack. There is more to a diagnosis than the definition. Navigating the conflict between clinical medicine and a contract wording is complex but can be solved.
Why Hookah Pipes Aren’t a Healthier Way to Smoke
Many people incorrectly believe smoking this way is less harmful than using cigarettes, especially with non-tobacco products for use in hookah pipes often marketed as a “healthier” alternative to flavoured tobaccos. But this method of smoking itself poses significant health risk.
Customers’ Pot Smoking May Not Be A Deal Breaker For Life Insurers
If you smoke marijuana and you’re shopping for life insurance, chances are you can find a company that won’t penalize you for your habit, but you may have to weed out several insurers to find the best policy.
Impaired Risk Review: Insurance for an Organ Donor
The miracles of transplant surgery have given so many whose body organs have failed a new lease on life. Heart, liver and kidney transplants are no longer experimental procedures done with fingers crossed and only temporary results expected. Receiving these organs is a lifesaver for those recipients involved. But what is the insurance fate of organ donors?
Aequalis: Leveling the Playing Field for Those Living with HIV
Aequalis' methodology may lend itself to other treatable diseases for which life insurers don't provide coverage.
Can’t Sell Life Insurance to Clients with HIV? True No More
In December, Prudential Financial began offering 10- and 15-year term life policies to a community that (in the U.S.) had been largely shut out of the life insurance market: people living with HIV. The product rollout stems from an unusual partnership with Aequalis, an independent organization that conducted extensive research into the feasibility of availing the HIV community of life products. LifeHealthPro Senior Editor Warren S. Hersch recently interviewed Mike McFarland, chief underwriting officer of Prudential Individual Life Insurance.
Prudential Offers Life Insurance to HIV Patients
When Prudential saw that people living with HIV were living longer, healthier lives, the company knew it had an untapped market for life insurance underwriting.
How to Insure your Pot-Smoking Client
I love to work on my back porch where I have a glimpse of the Rocky Mountains, home to the honored distinction of being the first place in the country to legalize recreational marijuana use. I found myself pondering my place in the life insurance industry.
Insuring HIV-Positive Lives in Europe - No Big Deal?
Around 2.5 million people in Europe are living with HIV.1 The overall prevalence is 0.3% compared to 5% in Sub-Saharan Africa.2 Most European countries have been working to combat the HIV epidemic since the early 1980s. As a result, mortality from AIDS in Europe has steadily decreased since 2001.3 But does this mean that the crisis is really over? And what does this imply for the insurance industry?