Should I Disclose My HIV Status To My Bank or Building Society? …

In the second of a new series of mini articles Chris Morgan, the lead financial adviser from our sponsors Compass shares some of the themes that have been emerging with Gay Life Insurance and Gay Life Assurance since the introduction of HIV Life Insurance and HIV Life Assurance products in the UK …

Should I disclose my HIV status to my Bank or Building Society?

Many banks and building societies have a policy of offering insurance products with every mortgage they arrange. This means that if you are Gay and HIV Positive you may be faced with answering difficult questions about your health history and HIV status at some point during the mortgage process.

In the majority of cases you are not obliged to take Life Assurance through your bank or the financial adviser they may have introduced you to. The majority of banks do not offer Insurance products to HIV Positive people, so if you need Gay Life Assurance or HIV Life Assurance you should seek independent advice.

Compass are specialists at looking after the Lesbian, Gay, Bisexual and Transgender communities and will be able to help you find Life Assurance or Mortgages without answering the personal questions from your bank. We are able to help you find Life Assurance to protect your mortgage, children or family.

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

This entry was posted in Uncategorised. 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.