Gay Life Assurance, Gay Life Insurance and Gay Mortgage Blog

Compass, the gay financial advisers are today re-launching Positive Finance the HIV finance magazine as an online blog. The new online publication will once again be edited by Chris Morgan and will focus on improving the financial landscape for HIV people. 

Positive Finance was originally introduced in 2001, as a response to the discrimination faced by the HIV community from the financial services industry. They have now decided to celebrate its anniversary by evolving it into a new format with new focus.

Chris Morgan, Marketing Manager of Compass and Editor of Positive Finance Said,

 ‘Positive Finance was the UK’s first HIV finance magazine of its type and has enjoyed considerable success campaigning over the years. We are very proud of our track record of representing the HIV community within the financial services industry’.

 ‘We are particularly proud of our work with the Association of British Insurers, which led to the creation of the HIV ‘Sexual Behaviour’ question on all life assurance applications, which means that all risk groups are now treated equally. 

Chris Continued …

‘Even though the Association of British Insurers Guidelines were changed in 2005, encouraging insurance companies to insure HIV Positive people, it took until 2009 for relevant products to appear in the market place’.

‘Positive Finance was part of the expert working group that led to the introduction of Life Assurance for HIV Positive people. We are currently campaigning for cheaper and fairer premiums for HIV Positive people taking out Life Assurance’.

 The new re-launched Positive Finance is keen to hear from anyone who feels they have been treated unfairly by the financial services industry due to their sexuality, health status, marital status, employment status or credit history.

Over the coming months we will feature all of the latest news, feature and case studies. We would invite everyone to become part of our new exciting online project. You can find the new website at http://www.positivefinance.info/ and the blog at http://www.positive-finance.info/

Compass Mortgage and Insurance Services are Mortgage and Insurance Advisers to the Gay Community and may be reached by phone 0845 474 3075, or by email enquiries@compassindependent.co.uk

Compass our sponsors are offering the ‘Little Book of Protection’ free to anyone who subscribes to their websites, or newsletters.

They now have a number of websites dedicated to looking after the Mortgage & Insurance needs of the Gay community, including their company website http://www.compassindependent.co.uk/ and their Mortgage and Insurance Blog http://www.compass-independent.co.uk/

They are also the  main sponsor to Gay Finance magazine http://www.pinkfinance.co.uk/ and the Pink Finance news blog http://www.pink-finance.co.uk/

The free protection guide covers subjects such as Income Protection, Life Assurance and Critical Illness Cover and is published by Liverpool Victoria and can be requested by emailing Enquiries@compassindependent.co.uk or by phoning 0845 474 3075.

Gay Life Insurance (also known as Gay Life Assurance) is taken out by Gay and Lesbian people to protect themselves in the event of death. Types of Gay Life Insurance taken out by gays and lesbians in the past include Level Term Assurance, Whole of Life, Mortgage Protection and Decreasing Term Assurance.

The UK Life Assurance Industry has not been very friendly towards Gay & Lesbian people in the past. Gay and Lesbian people have been asked for unecessary HIV testing and inflated premiums. If you are gay and find yourself in doubt when taking out Life Insurance, then seek advice.

Our Sponsors … Compass Mortgage and Insurance Services are Mortgage and Insurance Advisers to the Gay Community and may be reached by phone 0845 474 3075, or by email enquiries@compassindependent.co.uk

Their website may be found at  http://www.compassindependent.co.uk/

Gay Mortgages are taken out by Gay and Lesbian people to help them purchase property. Types of Mortgages taken out by gays and lesbians in the past include Capital Repayment and Interest Only Mortgages.

The UK mortgage Industry has traditionally not been very friendly towards Gay & Lesbian people in the past. Gay and Lesbian people have been asked for unecessary HIV testing and inflated premiums on insurance products associated with mortgages. If you find yourself in doubt when taking out Gay Mortgages or Gay Life Assurance, then seek advice.

Our Sponsors … Compass Mortgage and Insurance Services are Mortgage and Insurance Advisers to the Gay Community and may be reached by phone 0845 474 3075, or by email enquiries@compassindependent.co.uk

Their website may be found at  http://www.compassindependent.co.uk/

Our sponsors Compass in the headlines  …

Compass’s latest press release about the ‘Average Gay Life Assurance Policy’ has hit national headlines.

Click below to read the latest news …

FT Adviser

http://www.ftadviser.com/FinancialAdviser/Advisers/News/article/20110613/5b97073c-95a2-11e0-bcd6-00144f2af8e8/Insurance-cover-increases-among-the-gay-community.jsp

Money Marketing

http://www.moneymarketing.co.uk/protection/average-gay-sum-assured-increases-by-%C2%A310k/1032646.article

IFA Online

http://www.ifaonline.co.uk/cover/news/2078470/gay-people-increasing-sums-assured-life-policies

Compass, The Gay Mortgage & Insurance Advisers can be contacted through their website  http://www.compassindependent.co.uk/, or by email enquiries@compassindependent.co.uk or by phone 0845 474 3075

Pink Finance Sponsors Compass have today released their latest research into the Gay Life Assurance market.

Click here to visit their news blog  and find out more …

www.compass-independent.co.uk

Chris Morgan’s finance column can now be found at both Pink Finance www.pinkfinance.co.uk the gay finance magazine and Pinke www.pinke.biz the gay family website. All you need to know about Gay Mortgages and Gay Life Assurance can be found here.

Compass, The Gay Mortgage and Insurance advisers are the proud sponsors of Pink Finance. They can be found at www.compassindependent.co.uk  by email enquiries@compassindependent.co.uk or by phone 0845 474 3075

A message from our sponors Compass, …

In 2005 the Association of British Insurers issued new guidelines which removed the qay question from life assurance applications.

Within one year all insurance providers had changed their application forms releasing gay men from the discrimination that had existed for over a decade.

The ‘Sexual Behaviour’ question which now appears on applications was written by our Practice Manager Chris Morgan.

This ‘Equal’ question is now working fine on all life assurance applications. All people are required to answer the same question without any reference to their sexuality.

However, …

It has been brought to our attention recently that gay men taking Life Assurance between 1990 and 2005 may have felt the need to answer the gay question untruthfully.

We would very much like to hear from you if you are concerned about this issue and are concerned whether this will effect the payment of death benefits on your policy in the future.

We feel it is important to raise this issue with the industry, but need case examples to be able to help us understand the issue more and eventually challenge this unfairness.

Compass Mortgage & Insurance Services are advisers to the gay community and can be contacted by phone 0845 474 3075, by email enquiries@compassindependent.co.uk, or through their website at www.compassindependent.co.uk

Gay Life Assurance is taken out by Gay and Lesbian people to protect themselves in the event of death. Types of Gay Life Assurance taken out by gays and lesbians in the past include Level Term Assurance, Whole of Life, Mortgage Protection and Decreasing Term Assurance.

The UK Life Assurance Industry has not been very friendly towards Gay & Lesbian people in the past. Gay and Lesbian people have been asked for unecessary HIV testing and inflated premiums. If you are gay and find yourself in doubt when taking out Life Assurance, then seek advice.

Our Sponsors … Compass Mortgage and Insurance Services are Mortgage and Insurance Advisers to the Gay Community and may be reached by phone 0845 474 3075, or by email enquiries@compassindependent.co.uk . Their website may be found at  www.compassindependent.co.uk

Pink Finance the gay finance magazine is appealing for gay men to come forward, who are worried about the questions they were aksed whilst taking out Life Assurance policies in the past.

It has been brought to their attention that some gay men felt pressured into ‘not’ answering the ‘Gay Question’ on insurance applications and that these people are now concerned that their insurance policy may not pay out in the event of a claim.

Anyone concerned about these issues are asked to contact the editor of Pink Finance with their concerns by email editor@pinkfinance.co.uk  Pink Finance are looking to raise the issue within the insurance industry very soon, but need your help to challenge this discrimination.

Pink Finance http://www.pinkfinance.co.uk/  is sponsored by Compass, The Gay Mortgage and Insurance Advisers who can be reached by visiting http://www.compassindependent.co.uk/  or by phoning 0845 474 3075