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