Insurance Company Prudential to Offer Life Insurance to HIV-Positive People in United Kingdom
May 1, 2009
The insurance company Prudential will begin to offer life insurance policies to HIV-positive people in the United Kingdom, London's Daily Telegraph reports. According to the Telegraph, PruProtect -- a partnership between Prudential and a South African firm -- initially will offer the insurance to 7% of HIV-positive people and hopes to extend coverage to 20% of HIV-positive people. The policy will offer up to 250,000 British pounds -- or about $368,000 -- for a maximum of 10 years. The policy premiums will be higher than standard premiums for life insurance "to accurately and fairly reflect the risks involved." Premiums will be determined on an individual basis and dependent on medical history, the Telegraph reports.
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