Qualifying for Life Insurance When You're Transgender

By Amy Fontinelle

"Can you get life insurance if you're transgender? Yes. Will applying for life insurance as a transgender person be as simple as applying as a cisgender person? No. Life insurance companies don't have a lot of experience interacting with—and underwriting policies for—trans applicants, but they do have a little. Here's what we've learned about how applying for an individual life insurance policy works when you're transgender."

"KEY TAKEAWAYS

• "Transgender people can get life insurance, but it might take more shopping around to find a suitable company and policy."
• "Some life insurance companies underwrite transgender applicants based on assigned gender, while others use the applicant's stated gender."
• "Health conditions that affect transgender individuals at higher rates than they affect the general population, such as HIV, depression, and attempted suicide, can make it harder or more expensive to get life insurance." "

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