News for Gay men and Women from our friends at Unusual Risks …
Average HIV Life Assurance Sum Assured and Policy Term …
Unusual Risks, the medical financial advisers have today published the results of their latest research into the average amounts of Life Assurance that HIV Positive men and women are insuring themselves for. Currently HIV Positive people who are taking out HIV Life Assurance in the UK are insuring themselves for an average of £134,130.
This latest survey was conducted as a follow up to a similar survey released around the same time last year where the average figure was £134,667. In addition to looking at sum assured this year’s survey has also established that the average term of a HIV Life Assurance policy is still only 10 years.
Unusual Risks have been approached by a number of HIV charities, right organisations and information providers with their concerns about the relatively short term of 10 years for HIV Life Assurance. Their recent survey has established that the average term of a HIV life Assurance is currently only 10 years.
However, some leading insurance providers are known to reduce the term on the policies they offer to only 5 years and buyers should beware of these policies and seek specialist advice before committing to this type of policy. Unusual Risks are committed to helping the HIV community find the fairest insurance premiums and terms on Life Insurance.
If you require more information on Gay Life Assurance, Gay Life Insurance & HIV Life Assurance, HIV Life Insurance 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