Content about Life insurance

June 25, 2012

Gay Brits increase life cover as insurance prejudice ebbs away

Gay men and women are now finding it easier to get reasonable life assurance policies and average cover up 28% since 2008

British gay men and women are insuring their lives for more for the fourth year running.

The average life assurance policy taken by the gay community is now £242,578 ($377,380 €302,035), research published today (25 June) by gay mortgage and insurance advisers Compass shows and based on 2011.

This up from £228,524 ($355,516 €284,536) in 2010, £217,887 ($338,968 €271,292) in 2009 and £189,311 ($294,512 €235,712) in 2008.

May 8, 2012

80% of HIV+ people unaware they can buy life assurance

Medical financial advisors are urging people to buy life insurance

80% of people who are living with HIV in the UK are unaware they can buy life assurance, according to research conducted by medical financial advisors.

Unusual Risks, a mortgage and insurance service, have found 80% of HIV positive people are unaware they can purchase life assurance and 82% of people have no insurance at all.

HIV Life Assurance was introduced by the insurance industry in 2009 after over a decade of campaigning from the gay HIV insurance activist Chris Morgan.