any advice on purchasing life insurance after starting transition

[a Birdie on a Wire]

I'm so upset and so angry... even a day later.
I got word from the THIRD insurance company I've applied to that I was denied coverage.

Prior to transition I was the picture of health. Was?... I still am! (well, except for being about 20lbs overweight now. thanks covid!) Every year for my annual wellness exam, my bloodwork came back fine. For five decades I've been fine. As a very physically active person who has the good fortune to be able to afford to eat relatively well and not be predisposed to any health afflictions, I've been more than fine.

But yesterday I called the insurance company that is handling my application and the underwriter said I had been denied coverage until "my transition was complete and a full evaluation had been done." After that the company would consider me after I applied all over again. I was furious! I asked, "What does that even mean? What is the criteria for the phrase "transition complete"? From there started a conversation that was destined to be circular.

She said that because I was relative new to transitioning and my doctor, who I have since broke up with, said "we are still trying to stabilize hormone levels and dosage." that was the main reason.

I'm so upset. I desperately need a life insurance policy because my business partner and I have drafted a buy/sell agreement. In the event one of us dies, the other would buy out the surviving spouse from the death benefit of the policy. This has been going on for about four months and he's getting really antsy about and wondering why it is that I got denied by the first insurance company. I didn't tell him about the second one. I'm not out to him and don't intend on telling him. Because the fact of the matter is he is in absolutely terrible shape has some health issues, eats like shit, doesn't exercise and I'm certain he'll die well before me!

Ugh... I'm sorry. I'm ranting now.
Purpose of this post is to ask if anyone here has purchased life insurance after transition or if you know of a company that might be will to insure a trans person.

If you got this far thanks for reading.
~ Wren

 

[Melanierose]

I'm so upset and so angry... even a day later.
I got word from the THIRD insurance company I've applied to that I was denied coverage.

Prior to transition I was the picture of health. Was?... I still am! (well, except for being about 20lbs overweight now. thanks covid!) Every year for my annual wellness exam, my bloodwork came back fine. For five decades I've been fine. As a very physically active person who has the good fortune to be able to afford to eat relatively well and not be predisposed to any health afflictions, I've been more than fine.

But yesterday I called the insurance company that is handling my application and the underwriter said I had been denied coverage until "my transition was complete and a full evaluation had been done." After that the company would consider me after I applied all over again. I was furious! I asked, "What does that even mean? What is the criteria for the phrase "transition complete"? From there started a conversation that was destined to be circular.

She said that because I was relative new to transitioning and my doctor, who I have since broke up with, said "we are still trying to stabilize hormone levels and dosage." that was the main reason.

I'm so upset. I desperately need a life insurance policy because my business partner and I have drafted a buy/sell agreement. In the event one of us dies, the other would buy out the surviving spouse from the death benefit of the policy. This has been going on for about four months and he's getting really antsy about and wondering why it is that I got denied by the first insurance company. I didn't tell him about the second one. I'm not out to him and don't intend on telling him. Because the fact of the matter is he is in absolutely terrible shape has some health issues, eats like shit, doesn't exercise and I'm certain he'll die well before me!

Ugh... I'm sorry. I'm ranting now.
Purpose of this post is to ask if anyone here has purchased life insurance after transition or if you know of a company that might be will to insure a trans person.

If you got this far thanks for reading.
~ Wren

Hi
Well I got life insurance from Liverpoolvictoria uk no problem
I didn’t do A medical either just forms
Like you say you are a healthy person so should be no problem
You will have to censor all the reports

 

[Katie]

Wren, this is terrible. I would shop around with different insurance companies and see if they all treat you this way.

 

[Lexxi]

In the U.S. there are all kinds of insurance policies you can get without a physical. Can you go that route? I don't know the name of any of the companies but they're all over the place.

 

[a Birdie on a Wire]

So in doing quite a bit of research today I found a couple more companies that I'm going to try.

And yes, @Lexxi is right, there are insurance polices that one can get without a physical or blood draw but those are typically for low death benefit, term policies and I need a permanent life insurance policy.

Hi @Melanierose So I found a company in the UK about a month ago and if I remember correctly it specifically mentioned transgender or maybe LGBTQ applicants welcomed? I can't remember but I was rather jealous.

There was an article I came across on Investopedia that was pretty thorough and gave a lot of info. Toward the end it talked about a list the Human Rights Coalition compiles it calls the Corporate Equality Index of Companies. With that and another article from DebtFreeGuys I found a lead on a company that at least gives me a little hope. I emailed an agent, who in her agent profile listed in her specialities: "LGBTQ"

Crossing my fingers.