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Article

27 Mar 2007

Author:
Reuters

S Africa insurers do away with HIV/AIDS exclusions

South African life insurers will now pay out death and disability claims to those infected with HIV/AIDS, the industry body Life Offices' Association (LOA) said on Tuesday... "Initially, there was no treatment for HIV and the disease was therefore not insurable. Now, provided there is full compliance with ART (anti-retroviral treatment) prescriptions, HIV/AIDS is considered a chronic treatable disease...and is therefore insurable," said Pieter Coetzer, convenor of the LOA's Medical and Underwriting Committee... Pressure group the Aids Law Project (ALP) said the life insurers' new stance was groundbreaking. [refers to Sanlam, Old Mutual]