Unusual Risks, the Specialist Life Insurance Advisers to the HIV Community, are today announcing the results of their latest survey. Currently the Average Sum Assured is £257,963, which shows that people with HIV are protecting their families, mortgages, properties and businesses for amounts greater than before.
The reason this research is significant is that this figure has steadily been increasing over the last decade, prior to the pandemic the average figure in 2019 had been £223,372, 227,223 in 2021 and £235,336 in 2022. However, in an earlier survey this year it was shown that only 37% of HIV people have taken out life insurance.
Speaking about the Accessibility of HIV Life Insurance, Chris Morgan, Lead Financial Adviser of Unusual Risks said …
Chris Continued …
“We have also noticed that those that have been declined for cover in the past are much more likely to be able to get cover. There have also been great improvements for those with HIV who have multiple medical conditions such as Hepatitis, Diabetes, Syphilis and Tuberculosis”.
Unusual Risks are experts at advising those who have been declined for cover elsewhere by banks, building societies, mortgage lenders and financial advisers. Even if you have been declined before, we are able to guarantee you some form of life Insurance.
About Us
Chris Morgan and Unusual Risks have campaigned on behalf of the HIV Community for over 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 and introduction of Co-Risk Life insurance for those with multiple medical conditions.
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 fifteen years and will continue to work on behalf of the community to secure better products. They are now able to guarantee all people living with HIV between the ages of 18 and 64, access to some form of Life Insurance.
After fifteen years of campaigning, we are now offering Longer Term Life Insurance policies and are also advising people living with HIV on protection against Long Term Illness. This is especially useful for those who are seeking Income Protection & Critical Illness Cover – contact us for our latest advice and research.
If you require more information on HIV Life Assurance, HIV Life Insurance or HIV Mortgages please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075, or by email at enquiries@unusualrisks.co.uk and on the web www.unusualrisks.co.uk