Gay Life Insurance verses Gay Life Assurance

By | Published: 14th November 2012

What is the difference between Gay Life Insurance and Gay Life Assurance?

This is a common question asked by Gay & Lesbian people when appying for insurance when they are unclear of the differences between Life Insurance or Life Assurance.

It is true that applicants may find Term Assurance or Life Cover that covers them in the event of death, described as either Life Insurance or Life Assurance.

In fact they are both likely to be the same product but using the two different generic product names …

Life Insurance is commonly used as a consumer facing term for the product and Life Assurance is the term more commonly used by  Life Assurance Companies and their staff.

If you are Gay or Lesbian and are looking to provide protection for your Mortgage, Family or Children, searching for either Gay Life Insurance or Gay Life Assurance will help you find relevant products.

Or you could simply contact the United Kingdom’s leading provider of Gay Insurance and Gay Mortgage products …

If you require more information on Gay Life Assurance, Gay Life Insurance  or Gay Mortgages you can contact our sponsors Compass Mortgage & Insurance Services on 0845 474 3075, or email at enquiries@compassindependent.co.uk  or on the web at www.compassindependent.co.uk

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  • About Us

    Pink Finance was first launched in the year 2000, as the UK’s first gay finance magazine. Over the years we have covered many discrimination issues affecting gay, lesbian, bi sexual and transsexual people.

    Our articles cover issues such as Gay Life Assurance, Gay Life Insurance, Gay Mortgages, Gay Income Protection, Gay Critical Illness Cover, HIV Life Assurance, HIV Life Insurance and HIV Mortgages.

    We also include feature articles on planning Life Assurance and Mortgages for LGBT and Alternative Families, along with articles with subjects such as Pensions and Investments for LGBT people.

    Our editor, Chris Morgan was part of the consultation group that led to the introduction of HIV Life Assurance and HIV Life Insurance for people living with HIV.

    He was a consultant to the Association of British Insurers for over five years and served on their HIV Insurance Working Group.

    Chris has recently rejoined the ABI working group, assisting them with their latest Best Practice guidelines and agreeing to write a new HIV and Insurance consumer guide.

    Our sponsors Compass have a long history of supporting worthy causes within the gay and HIV communities. Currently they are supporting NAM AIDSMAP who work to change lives by sharing information about HIV and AIDS.

    They believe that, wherever you are in the world, having independent, clear and accurate information is vital in the fight against HIV and AIDS.

    Compass Mortgage & Insurance Services is Authorised and Regulated by the Financial Conduct Authority.