The price an individual pays for insurance is based on the person's gender, age, health, and job or hobby if it is exceptionally risky. Those with similar risks pay the same premiums. Insurers also use medical information in processing claims and paying death, disability income, and long-term care benefits. ACLI recognizes that an individual's medical information is personal and sensitive, and that it must be protected. ACLI strongly supports a complete prohibition on the sharing of medical information by an insurer for marketing.
Consumer trust is the lifeblood of the life insurance industry.
The minute consumers stop trusting us, life insurers will be out of business. Our 200-year history of protecting confidential medical information is a record life insurers respect and take pride in. ACLI member companies will not share medical information for marketing purposes. Companies have policies and practices in place to protect the confidentiality of an individual's medical information. ACLI's principles on medical privacy state that consumers are entitled to receive information about their insurer's medical privacy policies and practices.