HIV & Insurance Column – Edition 4 – September 2020

“The Generation Game” – Part 4 – “The Distribution of Life Insurance Products” Commentary By Chris Morgan

There are a number of ways a consumers can purchase Life Insurance products that are available in the market place.  Prior to Covid 19 and Corona Virus it had become common for product providers to offer their products directly or via online super markets.

The major disadvantage of buying Life Insurance in these ways is that financial advice is not included at the point of sale. This is particularly important for people living with HIV, because the premiums and terms offered by insurers vary enormously between product providers.

Financial Advice For All !

The latest generation of HIV Life Insurance products have the lowest premiums and best terms available, since the introduction of the products in 2009. However, it is impossible to tell if you are getting the best deal directly from a product provider, without seeking financial advice.

Most Life Insurers make provisions for you to receive financial advice that are built into their products, as it’s something that you are entitled to when buying a product through a financial adviser.  The premiums you will be offered are likely to be exactly the same as those offered to you directly.

Client Case Example, Wasim, Aged  46, Delivery Driver ..

Wasim approached us for Life Insurance because he been trying unsuccessfully to get cover directly with product providers as he is living with HIV. On assessing his medical information further, we found there was no reason for them to have declined him for cover.

Throughout the pandemic we have consistently been arranging Life Insurance for our clients at the best premium rates, when they have been declined for cover elsewhere. Our lead product providers are consistently offering better terms and premiums than product providers directly. 

Declined For Cover? We Can Help !

The current situation with COVID 19 and Corona Virus means that many people living with HIV are being declined by Life Insurance Companies. During this time we have been working hard to put in place products that protect the interests of people living with HIV. 

We believe that everyone should be able to access some form of Life Insurance as a basic human right, to protect their mortgages, debts and families. Keep checking back my new HIV and Insurance column for details of our campaign “Life Insurance For All!”

Who are Unusual Risks?

We are the UK’s leading specialists at placing HIV Life Insurance and HIV Life Assurance. Chris Morgan, our lead financial adviser led a decade long campaign to secure Life Insurance for the HIV Community and has been advising the HIV Community for over over two decades.

He was responsible for the removal of the “Gay Question” from Life Insurance policies in 2005 and was part of the working group that designed and introduced HIV life Insurance products in 2009. More recently, in 2017, Chris has co-written the Industry best practice and consumer guide.

Currently Chris is campaigning for equality with regards to Life Insurance, Income Protection and Critical Illness Cover for the HIV Community. He is a well known advocate, activist and campaigner on Insurance issues, who undertakes regular speaking engagements on HIV Insurance issues.

Unusual Risks Community Signposts

You can read more about HIV Life Insurance & HIV Life Assurance Here at our useful guide …

You can read more about HIV Income Protection & HIV Critical Illness Cover here at our useful guide …

You get to know your adviser by reading Chris Morgan’s full career biography here ...

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 years. His column has previously been resident for publications such as Baseline Magazinand Pink Paper.

For more information about HIV Insurance and Finance matters he may be contacted at Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075.  Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk Blog: www.unusual-risks.co.uk

Posted in HIV Finance, HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Uncategorized, Unusual Risks | Comments closed

HIV & Insurance Column – Edition 3 – September 2020

“The Generation Game” – Part 3 – “Higher Cover, Lower Premiums!” Commentary By Chris Morgan

The most satisfying aspect of seeing so many positive changes for people living with HIV in the insurance sector, is that they are now able to acquire higher levels of Life Insurance in line with their true needs, covering their mortgages, debts and families. 

As an activist and advocate, who has campaigned for equal rights for both the LGBT+ and HIV communities for over two decades, it has always been my aim for People living with HIV being be able access the lowest premiums possible for their Life Insurance, which then in turn means access to higher levels of cover. 

The Third Generation

This latest generation of products really does achieve that aim, with medical ratings that are applied for HIV now at the lowest they have ever been through our lead product provider. There have been many providers turning people with HIV away during the pandemic but not Unusual Risks.

We have been working harder than ever to find Life Insurance cover for  people through “Household Name” Life Insurers that you will know and also a range of inclusive insurance products for those who may not qualify for mainstream insurance, due to other medical conditions alongside HIV.

Client Case Example, Omara is Aged 42, Registered Nurse ..

Omara already had cover in place when we met her to review her existing policy,  as she was paying £113 per month for £100,000 of cover. Following our review we were able to secure her £250,000 of cover for £37.85 per month, which was a significant improvement on her existing insurance. 

Even during the pandemic we have been finding the very best premiums for clients. As specialist financial advisers for people with HIV, we are always up to date with the latest premium rates and underwriting criteria across all product providers. 

Declined For Cover? We Can Help !

The current situation with COVID 19 and Corona Virus means that many people living with HIV are being declined by Life Insurance Companies. During this time, we have been working hard to put in place an underwriting process that means all people with HIV are able to access Life Insurance in some form.

We believe that everyone should be able to access some form of Life Insurance as a basic human right, to protect their mortgages debts and families. Keep checking my new HIV and Insurance column for details of our campaign “Life Insurance For All!”

Who are Unusual Risks?

We are the UK’s leading specialists at placing HIV Life Insurance and HIV Life Assurance. Chris Morgan, our lead financial adviser led a decade long campaign to secure Life Insurance for the HIV Community and has been advising the HIV Community for over over two decades.

He was responsible for the removal of the “Gay Question” from Life Insurance policies in 2005 and was part of the working group that designed and introduced HIV life Insurance products in 2009. More recently, in 2017, Chris has co-written the Industry best practice and consumer guide.

Currently Chris is campaigning for equality with regards to Life Insurance, Income Protection and Critical Illness Cover for the HIV Community. He is a well known advocate, activist and campaigner on Insurance issues, who undertakes regular speaking engagements on HIV Insurance issues.

Unusual Risks Community Signposts

You can read more about HIV Life Insurance & HIV Life Assurance Here at our useful guide …

You can read more about HIV Income Protection & HIV Critical Illness Cover here at our useful guide …

You get to know your adviser by reading Chris Morgan’s full career biography here ...

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 years. His column has previously been resident for publications such as Baseline Magazinand Pink Paper.

For more information about HIV Insurance and Finance matters he may be contacted at Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075.  Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk Blog: www.unusual-risks.co.uk

Posted in HIV Finance, HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Uncategorized, Unusual Risks | Comments closed

HIV & Insurance Column – Edition 2 – August 2020

“The Generation Game” – Part 2 – “Social Responsibility Within The Life Insurance Industry” Commentary By Chris Morgan

As HIV life Insurance has evolved over the last 11 years there have been a number of advice issues that have been presented to both financial advisers and Life Insurance Companies. The most pressing issue at this moment is the number of People Living with HIV that are being rejected for cover.

The first generations of Life Insurance policies that were available from 2009 onwards were only available to a select few people, which caused confusion in the market and a perception that Life Insurance was difficult to get for people with HIV.

Life Insurance For All !

The ideal that Life Insurance should be available to all is not such a strange idea. As a social insurance system has been practised in some European countries for decades, where everyone is entitled to a certain level of Life Insurance, without any medical evidence – it is considered a human right !

It was myself that suggested to the UK Life Insurance industry back in 2005, when meeting with insurers about HIV Life Insurance, that the UK should adopt the same principles as in other countries. My suggestions were met with looks of deep concern by all of the Life Insurance Companies present at those meetings at the Association of British Insurers.

Client Case Example, Stuart Aged 48. Company Director

Stuart approached me for Life Insurance because he had been declined by three leading insurers in quick succession earlier this year. He had found the application process to be both draining and disheartening, before he contacted myself and received specialist financial advice.

I was quickly able to establish that he was in fact insurable at the cheapest rates available in the market. He had simply been approaching the wrong type of insurers, ones where the criteria of the insurer was just way too strict for anyone to be accepted.

Declined For Cover? We Can Help !

The current situation with COVID 19 and Corona Virus means that there is an “Unusually” high number of people living with HIV being declined by Life Insurance Companies. During the pandemic we have been working hard to put in place an underwriting process that means all people with HIV are able to access Life Insurance in some form.

My views have not changed since 2005, everyone should be able to access some form of Life Insurance as a basic human right, to protect their mortgages debts and families. Keep checking back to my HIV & Insurance Column for more exciting news of “Life Insurance For All!”

Who are Unusual Risks?

We are the UK’s leading specialists placing HIV Life Insurance and HIV Life Assurance. Chris Morgan, our lead financial adviser led a decade long campaign to secure Life Insurance for the HIV Community and has been advising the HIV Community for over over two decades.

He was responsible for the removal of the “Gay Question” from Life Insurance policies in 2005 and was part of the working group that designed and introduced HIV life Insurance products in 2009. More recently, in 2017, Chris has co-written the Industry best practice and consumer guide.

Currently Chris is campaigning for Equality with regards to Life Insurance,. Income Protection and Critical Illness Cover for the HIV Community. He is a well known advocate, activist and campaigner on Insurance issues, who undertakes regular speaking engagements on HIV Insurance issues.

Unusual Risks Community Signposts

You can read more about HIV Life Insurance & HIV Life Assurance Here at our useful guide …

You can read more about HIV Income Protection & HIV Critical Illness Cover here at our useful guide …

You get to know your adviser by reading Chris Morgan’s full career biography here ...

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 years. His column has previously been resident for publications such as Baseline Magazinand Pink Paper.

For more information about HIV Insurance and Finance matters he may be contacted at Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075.  Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk Blog: www.unusual-risks.co.uk

Posted in HIV Finance, HIV Life Assurance, HIV Life Insurance, Uncategorized, Unusual Risks | Comments closed

HIV & Insurance Column – Edition 1 – August 2020

“The Generation Game” – Part 1 – The Pricing of Life Insurance Products – Commentary By Chris Morgan

There have been three generations of HIV Life Insurance and HIV Life Assurance products since 2009 when they were first introduced. Progressively they have been getting better in regards to lower premiums and the terms being offered to consumers today.

The original first generation policies were for just a 10 year term and the second generation, introduced in 2013, were for longer periods of 15, 20 and 25 years. These had complicated “Price Per Mill” ratings that are more expensive than those ratings available today. (These policies should now be reviewed).

The Third Generation

The latest generation products, introduced before the interruption of COVID-19 and Coronavirus, have delivered the lowest premiums and best terms yet to the HIV Community. We have been working very hard to protect this progress in the last few months with our insurers and re-insurers during the pandemic.

The recent news that only 13% of High Street Life Insurers, Banks and Building Societies are currently offering Life Insurance or Life Assurance to People With HIV is not ideal for sure. But we are offering the very best possible response to less open minded Life Insurers, Banks and Building Societies and their reaction to the pandemic.

Client Case Example, Panha, Aged 48, Restaurant Manager

Panha one of our existing clients has been with us since 2009 and has gradually been able to lower his premium and increase the size of his Life Insurance cover over the last decade. Recently were able to reduce his premium by 50% due to price improvements in the current products, which we are recommending.

The original cover that he took out was protection his mortgage, which his bank was unable to offer him. The eighteen high street banks and building societies in our latest research are still showing that Life Insurance for people living with HIV is unavailable through their advisers.

Declined For Cover?We Can Help !

The current situation with COVID 19 and Corona Virus means there is an “Unusually” high number of people living with HIV being declined by Life Insurance Companies for cover at this moment – be assured we have been working hard to protect the interests of the HIV Community throughout this difficult period.

Unusual Risks are able to secure Life Insurance at the very best premium rates for people with HIV, as we have access to the “Whole of Market” and have strong relationships with the very best Life Insurance Companies to secure you cover for you.

Who are Unusual Risks?

We are the UK’s leading Specialist at placing HIV Life Insurance and HIV Life Assurance. Chris Morgan, our lead financial adviser led a deacade long campaign to secure Life Insurance for the HIV Community and has been advising the HIV Community for over over two decades.

He was responsible for the removal of the “Gay Question” from Life Insurance policies in 2005 and was part of the working group that designed and introduced HIV life Insurance products in 2009. More recently, in 2017, Chris has co-written the Industry best practice and consumer guide.

Currently Chris is campaigning for Equality with regards to Income Protection and Critical Illness Cover for the HIV Community. He is a well known advocate, activist and campaigner on Insurance issues, who undertakes regular speaking engagements on HIV Insurance issues.

Unusual Risks Community Signposts

You can read more about HIV Life Insurance & HIV Life Assurance Here at our useful guide …

You can read more about HIV Income Protection & HIV Critical Illness Cover here at our useful guide …

You get to know your adviser by reading Chris Morgan’s full career biography here ...

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 years. His column has previously been resident for publications such as Baseline Magazine and Pink Paper.

For more information about HIV Insurance and Finance matters he may be contacted at Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075.  Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk Blog: www.unusual-risks.co.uk

Posted in Critical Illness Cover, HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Income Protection, Uncategorized | Comments closed

HIV Life Insurance & Life Assurance – Latest News – July 2020

Unusual Risks have been in the press recently , following our recent research into the availibility of Life Insurance for People Living with HIV.

You can read the news story here. Thank you to Nam Aidsmap for covering this important story.

https://www.aidsmap.com/news/jun-2020/significant-reduction-availability-life-insurance-people-hiv-due-covid-19-pandemic

Life Insurance & Life Assurance – “We are able to help!”

We are the UK’s leading HIV Life Insurance and HIV Life Assurance Specialists, helping people to find cover, even when they have been declined for insurance elsewhere.

Unusual Risks are specialists at finding “Inclusive” cover, that does not have any exclusions. It is very important that any Life Insurance that you take out is HIV inclusive and we believe in full equality for people living with HIV.

Key Statistics From Unusual Risks Research – June 2020

  • “Only 13% of High Street Life Insurers, Banks and Building Societies are currently offering Life Insurance or Life Assurance to People With HIV”.
  • “0% of High Street Banks and Building Societies are currently offering any Life Insurance to People with HIV. 18 of the 18 High Street Banks surveyed do not offer cover to people with HIV”.
  • “0% of High Street Street Life Insurers, Banks and Building Societies currently offer Income Protection or Critical Illness Cover to people living with HIV”.

If you are offered Income Protection or Critical Illness Cover by a mainstream Insurance Broker, be certain to read the terms and Conditions. It is very important to check if they are offering you short term cover, with exclusions written into the contract for HIV.

If the policy does have exclusions, then it may not pay out in the event of a claim. Unusual Risks would like to see “full equality” for the HIV Community, with Income Protection and Critical Illness Cover being fully inclusive, without exclusions – keeping checking back for latest news.

Adviser Biography “Know Your Financial Adviser!”

Chris Morgan is the UK’s leading specialist financial adviser for People Living with HIV. He has been advising PLHIV for over two decades. Many people will know his Finance Columns in the former Baseline Magazine.

Chris led a decade long campaign to secure Life Insurance Equality for the HIV Community. If you are looking for Life Insurance or Life Assurance he can be contacted here enquiries@unusualrisks.co.uk

You can read his full Biography here …

HIV Life Insurance Consumer Guide – Co-written By Chris Morgan

Chris is a consultant to the Association of British Insurers, medical underwriting committee. He co-wrote their HIV and Life Insurance Guidelines for Insurers and the Consumer Guide “HIV and Life Insurance”.

He is still campaigning within the Insurance Industry on behalf of the HIV Community to secure full equality with Income Protection and Critical Illness Cover. Check back for more news on this soon.

You can read the ABI Consumer Guide Here

https://www.abi.org.uk/globalassets/sitecore/files/documents/publications/public/2016/hiv-and-insurance/hiv-and-insurance-guide.pdf

Unusual Risks are the UK’s leading financial advisers offering advice to clients living with HIV or Hepatitis on HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Hepatitis C Life Assurance, Hepatitis C Life Insurance, Hepatitis C Mortgages.

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

For more information about these services please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075. 

Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk

Posted in Critical Illness Cover, HIV Life Assurance, HIV Life Insurance, Income Protection, Uncategorized, Unusual Risks | Comments closed

HIV Life Insurance & HIV Life Assurance – Product Provider Survey … June 2020

Over the last 10 weeks it has become apparent that many Life Insurance Companies are restricting the availability of Life Insurance to people living with HIV. This means that many people are being declined for insurance cover through “Mainstream” brokers, life insurers, banks and building societies, who are perfectly eligible for Life Insurance.

Key Statistics From Unusual Risks Research – June 2020

  • “Only 13% of High Street Life Insurers, Banks and Building Societies are currently offering Life Insurance or Life Assurance to People With HIV”.
  • “0% of High Street Banks and Building Societies are currently offering any Life Insurance to People with HIV. 18 of the 18 High Street Banks surveyed do not offer cover to people with HIV”
  • “0% of High Street Street Life Insurers, Banks and Building Societies currently offer Income Protection or Critical Illness Cover to people living with HIV”

Those living with HIV who are seeking Life Insurance are advised to seek specialist financial advice before committing to taking cover.

During the last ten weeks since commencement of Lockdown we have proudly been able to assist many Key Workers, NHS Staff, Doctors and Nurses to review their Protection arrangements. We have been working hard to secure Life Insurance products for people living with HIV with both insurers and re-insurers.

We intend to review the latest research statistics periodically and will keep everyone informed of any developments.

Full Press Release – June 2020

Unusual Risks, financial advisers to the HIV Community are today announcing the results of their HIV Life Insurance Survey. After contacting all major Life Assurance providers and Banks and Building Societies in the UK, they can now report a significant reduction in availability as only 13%* of financial institutions are currently offering some form of HIV Life Assurance.

This is a significant reduction from the 70%* recorded in last year’s survey and 90%* that they noted earlier this year. This is the eleventh year that Unusual Risks have surveyed the availability of HIV Life Assurance products in the UK, with the first ever survey in 2009 indicating less than 50%* of insurance providers were offering any form of HIV Life Assurance. 

The sudden reduction in the availability of HIV Life Insurance is due to the present economic impact caused by Coronavirus and COVID-19. Those living with HIV seeking Life Insurance are advised to seek specialist financial advice before committing to taking cover, as there are currently rapid changes to the product criteria and premium rates on a daily basis.

Speaking about their survey, Chris Morgan, Lead Financial Adviser of Unusual Risks said;

‘We recently surveyed the top twelve life assurance groups and were disappointed to see that only 33%* of companies are now offering some form of Life Assurance to HIV Positive people. This is certainly a backward step that takes us back to the earliest days of the launch of HIV Life Assurance products in 2009’.

‘Within the survey we also assessed the number of high street banks and building societies currently offering Life Insurance to People Living With HIV. Currently 0%* of Banks and Building Societies offer any Life Insurance to People with HIV. Overall only 13%* of Life Insurance Companies and Banks and Building Societies currently have Life Insurance products available to people with HIV.’

Chris Morgan and Unusual Risks have campaigned on behalf of the HIV Community for the last two decades, firstly for the introduction of HIV Life Assurance, followed by the lengthening of policy terms and then most recently the reduction of monthly premiums. They are still currently able to place Life Insurance for people living with HIV at competitive premiums.

Although Life Insurance has been available for over a decade for People living with HIV, Income Protection and Critical Illness Cover is still unavailable. Unusual Risks are very proud to have played the lead role in improving the accessibility of financial products for people with HIV over the last decade and will continue to work on behalf of the community to secure better products.

Unusual Risks are the UK’s leading financial advisers offering advice to clients living with HIV or Hepatitis on HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Hepatitis C Life Assurance, Hepatitis C Life Insurance, Hepatitis C Mortgages.

They are also the UK’s leading experts at planning Life Assurance and Mortgages for HIV Positive Families and are able to assist HIV Positive people looking for advice on their Pensions and Investments. *Please note Income Protection and Critical Illness is not currently available to people living with HIV.

For more information about these services please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075. Email Enquiries@unusualrisks.co.uk or visit us online at http://www.unusualrisks.co.uk/web www.unusualrisks.co.uk

Posted in HIV Finance, HIV Life Assurance, HIV Life Insurance, Uncategorized, Unusual Risks | Comments closed

HIV Life Assurance & HIV Life Insurance – Average Sum Assured 2020

Unusual Risks, Financial Advisers to the HIV Community have today published the results of their annual research into the Average Sum Assured of Life Assurance that HIV Positive men and women are insuring themselves for. Currently HIV Positive people who are taking out Life Assurance in the UK are insuring themselves for an average of £153,549. 

This figure is an increase on the previous running amount of £140,516, but more significantly the most recent 12 months average sum assured is now £220,466. The reasons for the increase in the average amounts of cover is the improvement in products available. The monthly premiums are now the lowest ever available and length of policies the longest ever available.

Chris Morgan, Lead Financial Adviser of Unusual Risks, Mortgage & Insurance Services said;

‘The average sum assured has remained fairly stable for HIV Life Assurance over the last decade. However, this has improved significantly in the last two years, due to more competitive premiums and better terms being made available to consumers. It is vitality important that consumers are aware that they can now cover themselves for larger sums at low premium rates’.

‘We are noticing significant improvements in both the monthly premiums available to consumers and the length of the policies being made available. So, for example, the maximum term now being offered is more likely to be between 20 and 25 years instead of between 10 and 15 that may have been previously offered by insurance companies. This is a very useful improvement as it is more in line with the length of a standard mortgage’.

Chris Morgan and Unusual Risks have campaigned on behalf of the HIV Community for the last two decades, firstly for the introduction of HIV Life Assurance, followed by the lengthening of policy terms and then most recently the reduction of monthly premiums. HIV Life Assurance now has the lowest premiums and longest terms ever offered to consumers.

Although Life Insurance has been available for over a decade for People living with HIV, Income Protection and Critical Illness Cover is still unavailable. Unusual Risks are very proud to have played the lead role in improving the accessibility of financial products for people with HIV over the last decade. They have recently relaunched their IPP & CIC campaign and have re-entered discussions with leading industry figures over this issue.

Unusual Risks are the UK’s leading financial advisers offering advice to clients living with HIV or Hepatitis on HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Hepatitis C Life Assurance, Hepatitis C Life Insurance, Hepatitis C Mortgages.

They are also the UK’s leading experts at planning Life Assurance and Mortgages for HIV Positive Families and are able to assist HIV Positive people looking for advice on their Pensions and Investments. *Please note Income Protection and Critical Illness is not currently available to people living with HIV.

For more information about these services please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075. Email Enquiries@unusualrisks.co.uk or visit us online at http://www.unusualrisks.co.uk/web www.unusualrisks.co.uk

Posted in HIV Finance, HIV Life Assurance, HIV Life Insurance, Unusual Risks | Comments closed

Positive Finance 4 – HIV Life Insurance, Life Assurance, Income Protection, Critical Illness Cover …

“Specialist Knowledge” By Chris Morgan 

Ever since I became an Independent Financial Adviser in 1999, I’ve tried to use my specialist knowledge of the LGBT and HIV Communities to benefit those that may feel excluded by the Insurance Industry from protecting their basic financial needs. 

My first campaign was related to the treatment of gay men by the Life Insurance companies (mainly due to HIV risk), which was resolved in 2005, with the removal of discriminatory questions on Life Insurance applications. (The Gay Question).

Immediately following this then came my campaign to secure Life Insurance for people living with HIV, which then resulted in the introduction of products in 2009. Ten years on from this people with HIV are still excluded from Income Protection and Critical Illness Cover … 

In my opinion (“A decade is long enough”!)

You can read my Career Biography here …

Adviser Career Biography – Chris Morgan

Life Insurance & Life Assurance case Example, Adanna, Aged 35, Community Support Worker …

Recently I met an existing client that wanted to renew their Life Insurance policy that they started with my advice eight years ago. During the meeting they also asked me if I was now able to arrange some Income Protection in case they were sick from work?

Adanna asked …

“Since my diagnosis I’ve often wondered what would happen if I was unable to work due sickness or an accident? I have my mortgage covered for Life Insurance, but have since not been able to take any cover for my income in case of sickness or accident.”

It is true that we are unable to provide Income Protection and Critical Illness Cover for Adanna at this moment because there is not any suitable products currently available for people living with HIV. However, we were able to renew her Life Insurance policy for a longer term and an increased the level of cover for the full amount of her mortgage.

Income Protection and Critical Illness Cover Campaign – (“A Decade Is Long Enough”!)

We are talking to various product providers and leading industry figures on this issue and will keep you informed of developments through my Positive Finance column. I’m fully aware that it took over a decade to encourage Insurers to introduce HIV Life Insurance and HIV Life Assurance, so “IPP & CIC” is not going to be an easy task.

Over the coming weeks, I will be re-visiting our past research in this area and invite you all to participate in the campaign to secure Income Protection and Critical Illness Cover for people living with HIV. We are determined that these products should be fully inclusive products, without exclusions within their terms and conditions. (“A decade is long enough”!)

Other Medical Conditions

Throughout my career I’ve assisted many other people with medical conditions that are not directly HIV related, many of these Health Conditions I would consider to be “Private Medical” conditions. You will find a list of medical conditions that we can advise here http://unusual-risks.co.uk/?page_id=996

Chris Morgan was a consultant to the Association of British Insurers medical underwriting committee for over 15 years in relation to HIV and other private medical conditions. He has been advising clients in regards to their protection needs for over 30 years and is the UK’s Leading “HIV and Medical” financial adviser.

His Career Biography can be viewed here http://unusual-risks.co.uk/?page_id=980  If you need any information about “Inclusive Insurance” for any medical condition or are a medical professional with a patient or client that needs advice, then you can call us on 0845 474 3075 or email us at  Enquiries@unusualrisks.co.uk or at our website www.unusualrisks.co.uk

Unusual Risks are specialists at finding inclusive Life Insurance, Critical Illness Cover and Income Protection for people with complex medical situations. As the UK’s Leading Specialist “HIV and Medical” Financial Advisers, we understand the importance of Confidentiality, Discretion and Privacy in regards to medical information.

Posted in Critical Illness Cover, HIV Finance, HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Income Protection, Unusual Risks | Comments closed

Positive Finance 3 – HIV Life Insurance, HIV Life Assurance, Income Protection, Critical Illness Cover …

“Multiple Disclosures” By Chris Morgan

One of the biggest concerns that I hear time and time again from consumers looking for HIV Life Assurance and HIV Life Insurance, is about the handling of their medical information. We meet many people who prefer to speak with just one insurance broker instead of twenty Life Insurance companies.

According to our recent research there is only a 1 in 20 chance of finding the best premium and product for HIV Life Insurance. This includes online supermarkets and high street banks. The reason for this is that HIV Life Assurance is still very complicated to underwrite and some products providers charge up to 371% more than others for the product.

The answer is to approach a specialist financial adviser like Unusual Risks who can do all of the research for you. This would mean only disclosing once to an expert financial adviser, instead of multiple disclosures to Life Insurance Companies. We are specialists at finding the best financial products for people living with HIV.

You can read my career biography here …

Life Insurance & Life Assurance Case Example, Enid, Aged 48, Mental Health Nurse …

Enid approached me because she had been looking for HIV life Insurance and HIV Life Assurance, without a great deal of success. After approaching several companies, she was concerned about having to disclose her medical and personal information many times.

“Every time I speak with a new Life Insurance company, I have to disclose all my medical details over again. It is very frustrating and it is causing me stress and concern. I have had so many negative experiences, I’m not certain I’m even eligible for Life Insurance”.

Firstly we were able to confirm with Enid within a few minutes that she was indeed insurable and she was in fact approaching companies that still did not offer Life Insurance to people with HIV. We were then able to find her a suitable product at the lowest possible premium in the market.

We are specialists at finding Inclusive Life Insurance and Life Assurance protection to people living with HIV …

Income Protection and Critical Illness Cover Campaign – (“A Decade Is Long Enough!)

We are talking to various product providers and leading industry figures on this issue and will keep you informed of developments through my Positive Finance column. I’m fully aware that it took over a decade to encourage Insurers to introduce HIV Life Insurance and HIV Life Assurance, so “IPP & CIC” is not going to be an easy task.

Over the coming weeks, I will be re-visiting our past research in this area and invite you all to participate in the campaign to secure Income Protection and Critical Illness Cover for people living with HIV. We are determined that these products should be fully inclusive products, without exclusions within their terms and conditions. (“A decade is long enough”!)

Other Medical Conditions

Throughout my career I’ve assisted many other people with medical conditions that are not directly HIV related, many of these Health Conditions I would consider to be “Private Medical” conditions. You will find a list of medical conditions that we can advise here http://unusual-risks.co.uk/?page_id=996

Chris Morgan was a consultant to the Association of British Insurers medical underwriting committee for over 15 years in relation to HIV and other private medical conditions. He has been advising clients in regards to their protection needs for over 30 years and is the UK’s Leading “HIV and Medical” financial adviser.

His Career Biography can be viewed here http://unusual-risks.co.uk/?page_id=980  If you need any information about “Inclusive Insurance” for any medical condition or are a medical professional with a patient or client that needs advice, then you can call us on 0845 474 3075 or email us at  Enquiries@unusualrisks.co.uk  or at our website www.unusualrisks.co.uk

Unusual Risks are specialists at finding inclusive Life Insurance, Critical Illness Cover and Income Protection for people with complex medical situations. As the UK’s Leading Specialist “HIV and Medical” Financial Advisers, we understand the importance of Confidentiality, Discretion and Privacy in regards to medical information.

Posted in Critical Illness Cover, HIV Finance, HIV Life Assurance, HIV Life Insurance, Income Protection, Unusual Risks | Comments closed

Positive Finance Edition 2 – HIV Life Insurance, HIV Life Assurance, Income Protection, Critical Illness Cover …

“Privacy & Disclosure”! by Chris Morgan

Life Insurance was introduced for people living with HIV over a decade ago and as mentioned in my previous column, the Insurance Industry is still yet to offer Income Protection and Critical Illness Cover. Unusual Risks are at the forefront of campaigning for change in this complicated area.

Within our role covering people for Life Insurance and Life Assurance we believe we also have a responsibility to represent the HIV Community by raising this outstanding issue within the Insurance Industry. We currently are in discussions with several leading industry figures over these matters.

Every week people contact my office for HIV Life Insurance and HIV Life Assurance and they also ask for Income Protection and Critical Illness Cover. Life Insurance products are HIV inclusive and currently “IPP & CIC” exclude HIV, which we are working towards changing.

You can read my Career Biography here …

Life Insurance & Life Assurance Case Example, Lencho, Aged 47, School Teacher …

Lencho approached us for Life Insurance or Life Assurance, to protect his family. He had already spoken to another financial adviser and had been turned down for cover elsewhere. Ironically the Insurance Company he had been introduced to did not even offer cover to people with HIV. He was concerned about his privacy and the disclosures he had made.

Lencho Explained ..

“The financial adviser that arranged my mortgage was insistent we also needed Life Insurance and it could be arranged very easily. I was very concerned when he asked me questions about HIV. He took me by surprise and I regret disclosing my HIV status to him”.

Unusual Risks will only submit a formal application to a Life Insurance Company once we have a clear indication that they will offer terms. We take our clients disclosures and privacy very seriously and avoid any predictable adverse situations like the one encountered by Lencho.

We are specialists at finding Inclusive Life Insurance and Life Assurance protection to people living with HIV …

Income Protection and Critical Illness Cover Campaign – (“A Decade Is Long Enough!)

We are talking to various product providers and leading industry figures on this issue and will keep you informed of developments through my Positive Finance column. I’m fully aware that it took over a decade to encourage Insurers to introduce HIV Life Insurance and HIV Life Assurance, so “IPP & CIC” is not going to be an easy task.

Over the coming weeks, I will be re-visiting our past research in this area and invite you all to participate in the campaign to secure Income Protection and Critical Illness Cover for people living with HIV. We are determined that these products should be fully inclusive products, without exclusions within their terms and conditions. (“A decade is long enough”!)

Other Medical Conditions

Throughout my career I’ve assisted many other people with medical conditions that are not directly HIV related, many of these Health Conditions I would consider to be “Private Medical” conditions. You will find a list of medical conditions that we can advise here http://unusual-risks.co.uk/?page_id=996

Chris Morgan was a consultant to the Association of British Insurers medical underwriting committee for over 15 years in relation to HIV and other private medical conditions. He has been advising clients in regards to their protection needs for over 30 years and is the UK’s Leading “HIV and Medical” financial adviser.

His Career Biography can be viewed here http://unusual-risks.co.uk/?page_id=980  If you need any information about “Inclusive Insurance” for any medical condition or are a medical professional with a patient or client that needs advice, then you can call us on 0845 474 3075 or email us at  Enquiries@unusualrisks.co.uk  or at our website www.unusualrisks.co.uk

Unusual Risks are specialists at finding inclusive Life Insurance, Critical Illness Cover and Income Protection for people with complex medical situations. As the UK’s Leading Specialist “HIV and Medical” Financial Advisers, we understand the importance of Confidentiality, Discretion and Privacy in regards to medical information.

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Posted in Critical Illness Cover, HIV Finance, HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Income Protection, Unusual Risks | Comments closed