LGBTI and Alternative Parenting – Family Protection …

Our friends at Compass are the UK’s most experienced Insurance providers for Lesbian, Gay, Bisexual, Transgender and Intersex clients. They have a long tradition of fighting discrimination and helping LGBTI people find Life Assurance, Life Insurance, Critical Illness Cover, Income Protection and Mortgage Insurance products.

Recently they have seen a growing trend of LGBTI and Alternative parents approaching them for advice on protecting their families and children. Over the years they have arranged many Insurance’s for Gay, Lesbian and Trans parents, who have wanted to discuss their financial requirements privately and without fear of discrimination.

These are some examples of the types of Insurance that they have been able to arrange for concerned parents …

Income Protection - This type of insurance safeguards a persons regular income in case they are unable to work due to long term Illness or disability. It is designed to pay a regular monthly tax free benefit should the worse happen. This type of Insurance is also sometimes referred to as Permanent Health Insurance (PHI).

Critical Illness Cover – This type of Insurance is designed to pay a tax free lump sum benefit should a person be diagnosed with one of a list of serious illnesses. This type of Insurance is also sometimes referred to as Critical Illness Benefit.

Family Life Insurance – Life Assurance and/or Life Insurance that pays out a lump sum to provide security for your family or loved ones should you die. This type of Insurance is also sometimes referred to as Level Term Assurance or Whole of Life Assurance.

Mortgage Life Assurance – Life Assurance and/or Life Insurance that pays out a lump sum to repay a Mortgage debt should you die. This type of Insurance is also sometimes referred to as Decreasing Term Assurance.

Compass are highly experienced at helping parents calculate the right amount of insurance for their requirements, offering advice on the best ways to structure their family protection and advising if their Insurance policies should be written into a special type of trust fund for their children.

If you require more information on Gay Life Assurance, Gay Life Insurance, Gay Mortgages, LGBTI Life Assurance, LGBTI Life Insurance, LGBTI Mortgages you an contact our sponsors Compass Mortgage & Insurance Services on 0845 474 3075, or by 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.