HIV and Life Insurance – Cancellation Of Policies On Diagnosis

Unusual Risks, the medical financial advisers are today announcing part two of the results from their latest HIV and Insurance Survey. The survey has looked closely at issues, such as awareness of Insurance products and the cancellation of Insurance products by HIV Positive people.

Unusual Risks discovered that 22% of respondents have cancelled an Insurance policy following their diagnosis with HIV. The respondents were asked to confirm if they had cancelled any Insurance’s including Life Insurance, Endowments, Income Protection and Critical Illness Cover.

The survey also established that 40% of the respondents who indicated they had cancelled their Insurance, would of in fact been covered by their policy for HIV. It is not uncommon for Life Insurance policies to continue offering Life Insurance to people who have been diagnosed with HIV.

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

‘The results of the survey indicate there is still a great deal of work to do to raise awareness around cancellation of policies for people living with HIV. HIV Positive people are still cancelling and surrendering Life Insurance policies that could continue to provide valuable benefits to them”.

‘I meet people every week who are thinking about cancelling their insurance, who have recently been diagnosed with HIV. There is still a great misconception that Life Insurance does not cover people living with HIV, when in fact in most cases these days it does’.

Chris Morgan and Unusual Risks have recently been working with the Association of British Insurers and have helped them to produce a new HIV and Life Insurance Consumer Guide. Copies of the new Consumer Guide are now available by contacting them at

The guide includes information about Sexual Orientation and Insurance, Key Principles of HIV and Insurance, HIV Testing, Availability of Insurance products, Cancellation of Life Insurance following diagnosis and disclosure of HIV status on Life Insurance applications.

The aim of the guide is to improve awareness of HIV and Insurance within the community and to deliver clear and accurate information about the availability of Insurance. Unusual Risks hope this will encourage HIV positive people to protect their families and look after their financial future.

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 or visit us online at

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