Should I Keep My Life Assurance Or Life Insurance Following My HIV Diagnosis? …

In the latest of a new series of mini articles from our sponsors Compass … Chris Morgan shares some of the themes that have been emerging for the Lesbian and Gay Community since the introduction of HIV Life Insurance and HIV Life Assurance products in the UK …

Here’s some advice for those who are thinking about surrendering their Life Assurance following their HIV diagnosis.

The vast majority of Life Assurance polices do in fact cover HIV if the policy holder was negative at the start of the policy. If you bought your insurance in good faith before, then you should check the paperwork, maintain your premiums and continue the plan as you would have before your diagnosis.

If you have cancelled your Life Insurance plan in the past as a result of your diagnosis and are now without any Life Assurance, there are now many new options for taking Life Assurance that include HIV. Many people are now protecting their children, families, mortgages and homes with HIV Life Assurance.

Many HIV+ people still have endowment policies from the past that they may have elected to keep because they at least wanted some Life Assurance. If you do have an existing endowment it may be worth reviewing your options against the new Life Insurance options that are now available.

Our recent research shows that 76% of HIV+ people cancel their Life Assurance following their diagnosis in the belief that they are not covered on their policy. Before you cancel your policy please make certain that you are making the right decisions with your insurance policies and seek expert financial advice.

If you require more information on Gay Life Assurance, Gay Life Insurance, Gay Mortgages & HIV Life Assurance, HIV Life Insurance, HIV Mortgages you can contact our sponsors Compass Mortgage & Insurance Services on 0845 474 3075, or email at or on the web at

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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.