When reviewing an application involving HIV, most insurance companies would require applicants to meet very strict requirements. Some insurers consider HIV to be too great a risk, and will not cover applicants who have the disease. Some insurers will compensate HIV-positive applicants, but only if you incur a surcharge on top of your premium, or if your policy excludes coverage for your health condition. Your HIV declaration to your preferred life insurer is kept private and covered by applicable government legislation.