Comparison between Gay Life Assurance and HIV Life Assurance …
Our little brother …. Unusual Risks, the medical financial advisers have today published the results of their research into the amounts of Life Assurance that HIV Positive men and women are insuring themselves for. Currently HIV Positive people who are taking out HIV Life Assurance in the UK are insuring themselves for an average of £134,667*.
This is the first time that the amount of life assurance being taken out by the HIV community has been assessed since HIV Life Assurance was launched back in 2009. The survey was conducted in a similar way to recent research conducted within the gay community, where an average figure of £242,578 was established for their policies.
Unusual Risks have drawn the comparison between two related communities, the Gay & HIV communities, to help to illustrate to the gap that exists within the Life Assurance needs of HIV Positive people. Both communities were discriminated against by the insurance industry for many years before being offered insurance at affordable premiums.
The research into the average sum assured figure for HIV Life Assurance follows other important research conducted earlier in the year by Unusual Risks where it was established that 82% of HIV positive people currently have no Life Assurance and only 20% of HIV Positive people are even aware that Life Assurance is even available to them.
*Chris Morgan surveyed over 50 policies taken out by HIV Positive between April 2010 and March 2012 He also surveyed over 100 policies taken out by gay men & women between 1st January 2011 and 31st December 2011. The Average Sum Assured for HIV Life Assurance applications during this period was £134,667.
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