January / December #19 : Play Your Cards Right - by Per Larson

POZ - Health, Life and HIV
Subscribe to:
POZ magazine
Join POZ: Facebook MySpace Twitter Pinterest
Tumblr Google+ Flickr MySpace
POZ Personals
Sign In / Join

Back to home » Archives » POZ Magazine issues

Table of Contents

Cheese and Crackers

Blood from a Stone

A World Drenched in Blood

The Bride Wore White

Life After Ryan

Dream Team

Unmasked Avenger



Special Delivery

Tattoo Hullabaloo

Dirty Sticks, Dirty Tricks

Best Little U.S. AIDS Hospital

Blow It Dry

Desert Flora Has Anti-HIV Aura

DOT's the Limit

Murder by Member

Milk and Money

Stoned in a Park

By Any Peer Necessary


Dubin's List

Blood Money


If the Birds Come

POZ Picks-December 1996/January 1997

Home of the Brave

POZ Biz-December 1996/January 1997

Tribute-December 1996/January 1997

Patrick Webb's Adventures With Punchinello

Cremation Sensation

Sexual Healing

A Holistic Holiday How-To

Wisdom Out of Africa

And Nary a Drop to Drink

Adding in the Health Factor

Hitting Herpes Hard

Q Tip

Managed Care Joins Death and Taxes

Play Your Cards Right

Raising Hormones

Deadly Cocktails

In the Den

The Dating Game

Most Popular Lessons

The HIV Life Cycle


Herpes Simplex Virus

Syphilis & Neurosyphilis

Treatments for Opportunistic Infections (OIs)

What is AIDS & HIV?

Hepatitis & HIV

email print

January / December 1997

Play Your Cards Right

by Per Larson

Credit-card insurance is available to some PWAs

A little-known source of no-questions-asked insurance against bill-paying troubles often sits right on your credit-card invoice, just a checked box away. Many credit-card companies contract with insurers to cover card balances against disability and death. (If it's not offered, ask.) But read the fine print carefully.

"Pre-existing condition" clauses usually apply to credit disability, but not credit life insurance. For disability coverage, you may have to be covered at least six months before disability, and there may be a postdisability waiting period before coverage begins. Check for time limits on coverage; some only pay the minimum balance for one or two years.

The cost can vary by a factor of three. Rates are quotes as X cents per month per $100 of balance due. This looks small but can add up. Consider not using insured cards until disability seems like a possibility, because the premium is charged only if there's a balance. But do use the cards at lease once yearly to keep them active.

To get the disability benefit, most cards require a monthly physician's report. Some doctors object; others charge a fee. It's a hassle in any case.

Many creditors will simply drop moderate-size balances when notified of permanent disability. Most states prohibit creditors' attachment of disability income-but not of bank accounts. So it's wise to keep very little on deposit. But be aware that if you do get your balance expunged, your credit record will take a hit.

[Go to top]

Facebook Twitter Google+ MySpace YouTube Tumblr Flickr Instagram
Quick Links
Current Issue

HIV Testing
Safer Sex
Find a Date
Newly Diagnosed
HIV 101
Disclosing Your Status
Starting Treatment
Help Paying for Meds
Search for the Cure
POZ Stories
POZ Opinion
POZ Exclusives
Read the Blogs
Visit the Forums
Job Listings
Events Calendar
POZ on Twitter

Ask POZ Pharmacist

Talk to Us
Has a pet helped you deal with your HIV?


more surveys
Contact Us
We welcome your comments!
[ about Smart + Strong | about POZ | POZ advisory board | partner links | advertising policy | advertise/contact us | site map]
© 2016 Smart + Strong. All Rights Reserved. Terms of use and Your privacy.
Smart + Strong® is a registered trademark of CDM Publishing, LLC.