Our friends at Compass are the UK’s leading Mortgage and Insurance advisers within the LGBT community (Lesbian, Gay, Bisexual and Transgender).
Our Lead Financial Adviser Chris Morgan started the campaign to get full equality in the Insurance Industry for the gay community in 1999 and continued negotiations with the Insurance Industry through until the removal of both compulsory HIV Testing, the removal of the “Gay Question” from application forms in 2005 and the introduction of HIV Life Assurance products in 2009.
We are the UK’s most knowledgeable and experienced advisers on LGBT and HIV financial issues in the UK and constantly research the financial needs of both the Gay and HIV communities and the financial products available.
These are some examples of the research we have completed in the last two years and the results we have published in the national press.
* We are Independent advisers currently sourcing products from 40 different Mortgage lenders and 20 different Insurance providers.
*70% of Life Insurance providers now offer Life Assurance to people with HIV, however, the term and premiums for this type of cover can vary wildly.
*74% of Life Assurance Applications taken out by Gay men and women are taken out to protect Mortgages and Homes, with 26% taken to protect Partners and Children.
* The Average amount of Life Assurance being taken out by Gay applicants is currently £242,578.
* The Average amount of Critical Illness Cover being taken out by Gay applicants is currently £182,477
*0% of UK Insurance Companies are currently offering Income Protection policies and Critical Illness Cover to people living with HIV.
Our friends at Unusual Risks are currently collecting data relating to the needs of the HIV community around Income Protection and Critical Illness Cover in order that they can challenge the Insurance Industry on this important issue in the future
If you have been on HIV medications for at least 12 months and are either employed, or self-employed we would like to ask you to complete our latest HIV Insurance Survey.
Click Here To Complete The Survey https://www.surveymonkey.com/s/7HD379C
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 Enquiries@compassindependent.co.uk or on the web at www.compassindependent.co.uk