Gay Life Assurance & Gay Life Insurance – Latest News …

The Association of British Insurers (ABI) have recently been consulting with stakeholders from within the Gay Community about their new “Guiding Principles” for insurance companies around HIV and Insurance.

Some of the community stakeholders that have recently been consulted include National Aids Trust, Terence Higgins Trust, Nam Aidsmap, HIV Scotland, George House Trust and Waverley Care.

Chris Morgan lead financial adviser at Compass, is part of the working group that created the new principles and following the consultation we are expecting them to be completed and published very soon.

Also, the new ABI consumer guide about HIV and Life Insurance, that fits alongside the new best practice, will be published soon and we will keep you informed of any developments as they happen.

The new guide will be used to raise awareness of the new rules effecting LGBT people when applying for Life Insurance products.

Anthony Said …

“I currently have Life Assurance with Scottish provident that was taken out in 2004, before Life Insurance Companies stopped asking single men about their sexuality. The policy has a number of specific exclusions relating to HIV and this has always been something that I’ve been unhappy with.

 Anthony Continued …

“The policy does offer Life Insurance and Critical Illness, but with exclusions for HIV and I was sent for a HIV test at the time. I would be interested to know if the rules regarding the treatment of gay men by insurance companies have improved in any way?”.

Here’s the latest news with regards to Insurance products for LGBT people …

Every week LGBT people still contact the Compass office with concerns about policies they have taken out in the past and the way they were treated by insurance companies. Since 2005 Life Insurance companies have not been allowed to ask personal “Gay Questions” on Life Insurance applications, or send gay men for an automatic HIV test.

Chris Morgan led a campaign for over a decade for the equal treatment of gay men and made certain that Insurers were no longer allowed to speculatively underwrite life insurance polices based upon occupation. Would you believe that Insurers used to automatically send cabin crew, hairdressers, ballet dancers and male nurses for HIV testing?

And Anthony?

Compass arranged Life Assurance for £90,000 without any personal questions, HIV testing or specific policy exclusions for HIV. Chris Morgan has recently been in discussions with the ABI about their latest draft of the HIV and Insurance Guiding principles and this will be available soon, along with a new consumer guide.

Our sponsors Compass are the UK’s leading Lesbian, Gay, Bisexual, Transgender Financial Advisers, offering advice on Gay Life Assurance, Gay Life Insurance, Gay Mortgages, HIV Life Assurance, HIV Life Insurance, HIV Mortgages.

They are also the UK’s leading experts at planning Life Assurance and Mortgages for LGBT and Alternative Families and are able to assist LGBT people looking for advice on their Pensions and Investments.

For more information about these services please contact our sponsors Compass by phone 0845 474 3075. Email or visit us online at 

This entry was posted in Gay Income Protection, Gay Insurance, Gay Investment Planning, Gay Life Assurance, Gay Mortgages, Gay Pension Transfers, HIV Life Assurance, HIV life Insurance, LGBT Families, LGBT Life Assurance, LGBT Life Insurance, LGBT Mortgages. Bookmark the permalink.
  • 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.