HIV Life Assurance & HIV Life Insurance – Latest News

The Association of British Insurers (ABI) have recently been consulting with stakeholders from within the HIV Community about their new “Guiding Principles” for insurance companies around HIV and Insurance.

Some of the community stakeholders that have recently been consulted include National Aids Trust, Terence Higgins Trust, Nam Aidsmap, HIV Scotland, George House Trust and Waverley Care.

Chris Morgan our lead financial adviser, is part of the working group that created the new principles and following the consultation we are expecting them to be completed and published very soon.

Also, the new ABI consumer guide about HIV and Life Insurance, that fits alongside the new best practice, will be published soon and we will keep you informed of developments as they happen.

The new guide will be used to raise awareness of the availability of Life Insurance for HIV positive people. 33% of HIV Positive people in the UK still believe they cannot obtain Life Insurance when it is in fact available?

Case Example: Loretta is Aged 48 and works as a nurse …

Loretta Said …

“I currently have a mortgage in place for £210,000 and would like to protect both myself and my family against potential problems in the future. I have one daughter aged 18 and I would like the security of knowing that she is looked after should anything happen to me”.

Loretta Continued …

“I would like to know more about Life Assurance and protecting my mortgage payments against the effects of taking off work due to illness. I’m currently taking medication, my CD4 count is strong and my viral load has been undetectable for the last two years”.

Here’s the latest news with regards to Insurance products for HIV Positive people …

Every week people still contact our office not realising that they can now apply for Life Assurance to protect their Mortgages, Families, Children and Businesses. The Life Assurance industry repeatedly told the HIV Community that we were uninsurable for over two decades, so this is not surprising.

However, due to the HIV and Insurance campaign that our lead financial adviser Chris Morgan led for over a decade the insurance industry decided to offer Life Assurance to HIV Positive people in 2009. Life Insurance products are now available at both realistic and accessible premiums.

And Loretta?

We arranged HIV Life Assurance for Loretta on her new mortgage for £210,000 after showing her a number of options from £190,000 to £250,000. We always tailor any Life Insurance policy to our client’s individual needs and affordability, so contact us of a quotation.

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 or visit us online at http://www.unusualrisks.co.uk/

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

HIV Life Assurance & HIV Life Insurance Featured by My So Called Gay Life …

Unusual Risks and their latest research have been featured by the leading Gay publication “My So Called Gay Life” …

You can read the full article by clicking here …

http://mysocalledgaylife.co.uk/pub/2016/02/15/hiv-and-insurance-awareness/

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 or visit us online at http://www.unusualrisks.co.uk/

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

HIV and Insurance – Awareness

Unusual Risks, the medical financial advisers are today announcing the first part of the results of 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 33% of respondents still believed that Life Insurance was unavailable to HIV Positive people, even though products have been available since 2009. 67% of respondents correctly believed that Life Insurance was available to people with HIV.

42% of respondents believed that Income Protection and Critical Illness Cover were available to HIV Positive people, even though these products are yet to be offered by Insurance Companies. 58% of respondents correctly believed that IPP and CIC products were not available.

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

‘The results of our latest survey show that there is still a great deal of work to do to promote awareness of HIV and Insurance products within the HIV Community. There still seems to be a great deal of confusion around the subject of Insurance for HIV Positive people’.

‘A third of respondents still believe that Life Insurance is unavailable to them, when in fact these products are available and  half of respondents believe that Income Protection and Critical Illness Cover is available, when in fact they are still unavailable.’

‘This survey was conducted amongst the widest group of HIV Positive people we have ever managed to reach. We would like to thank our friends at Baseline Magazine, NAM Aidsmap, The National Aids Trust and The Terence Higgins Trust for helping to promote this latest HIV and Insurance Survey’.

Chris Morgan and Unusual Risks have recently been working with the Association of British Insurers, during the drafting of their latest HIV and Insurance Guiding Principles. The ABI are now calling for stakeholders from within the HIV Community to consult on the new proposed guidance for Insurers.

The ABI’s new guidance includes principles on underwriting approach, collection of information, use of information, company policy, and HIV Testing. There is also a new HIV and Life Insurance Consumer Guide expected in the near future that Chris Morgan has assisted the ABI in writing.

The aim of the consumer 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 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 Enquiries@unusualrisks.co.uk or visit us online at http://www.unusualrisks.co.uk/

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

HIV Mortgage Survey …

Unusual Risks are currently asking HIV Positive Mortgage Consumers to complete this very short two minute survey. This will help us to campaign for better treatment of HIV Positive people by the Mortgage Industry,

https://www.surveymonkey.co.uk/r/HBQNWN8

Posted in HIV Finance, HIV Mortgages | Comments closed

Are you HIV Positive? …. Looking For Financial Advice or Life Insurance Advice?

Unusual Risks are specialist financial advisers, that offer Mortgage and Life Insurance advice for HIV Positive clients. We offer a safe environment for people to discuss their private financial affairs, without fear of discrimination.

We have an unrivalled track record in securing equal rights for HIV positive people, within the UK financial services industry. Our lead financial adviser Chris Morgan, represents HIV Positive consumers, within the Industry working group that creates the “Best Practice” guidance for Insurance companies.

He was also responsible for the introduction of Life Insurance for people living with HIV and he is UK’s most knowledgeable financial adviser for HIV Life Assurance and HIV Mortgages. His commitment to offering financial advice to the HIV Communities has been unwavering for almost two decades.

We are sometimes asked … Why are Financial Advisers still needed in the HIV Community? 

DISCLOSURE

Some of our clients find it difficult to disclose their HIV status to their bank, building society or local financial adviser. They feel safer and more comfortable disclosing what they consider to be private affairs, to a specialist financial adviser. We take client privacy extremely seriously! 

DISCRIMINATION

Sometimes we still hear stories of “changing attitudes” from bank staff, building societies and financial advisers once our client had disclosed their HIV status. You wouldn’t think that in 2016 that this would still happen in society, but sadly it still does. If you ever feel discriminated against when taking a financial product, we are here to help and represent you!

CONFIDENTIALITY

We often meet clients who wish to take out a mortgage or life insurance with their partner and are worried that their family, bank manager or doctor finding out about their private and confidential information. We are here to represent HIV Positive people and to help protect your personal identity!

KNOWLEDGE

Nobody in the United Kingdom has more knowledge than Chris Morgan and Unusual Risks at advising people living with HIV about their finances. People with HIV have specialist financial needs and most financial advisers do not have the knowledge to give the best advice possible to someone who is HIV Positive. They are here to help you find the best financial products and look after your 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 Enquiries@unusualrisks.co.uk or visit us online at http://www.unusualrisks.co.uk/

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

Unusual Risks Featured In Financial Times – FT Adviser – HIV Life Assurance

Unusual Risks have recently been featured in the Financial Times – FT Adviser Newspaper, which is the UK’s leading Financial Industry publication.

We are very grateful to FT Adviser, for their continued support on HIV and Insurance issues. This article features our recent HIV and Insurance Survey where we established 72% of insurers are now offering some form of HIV Life Assurance.

Unusual Risks also discovered that 0% of Insurance providers currently offer Income Protection and Critical Illness Cover.

You can read the full article here …

http://www.ftadviser.com/2015/10/28/insurance/nearly-three-quarters-of-providers-offer-hiv-cover-RX7nKcInvcLauKdgRzwnKN/article.html

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 or visit us online at http://www.unusualrisks.co.uk/

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

HIV and Insurance Survey … HIV Life Assurance Research

Unusual Risks, the medical financial advisers are today announcing the results of their HIV Insurance Survey. After contacting all of the major Life Assurance providers in the UK, they can report that 72% of insurers are now offering some form of HIV Life Assurance.

This is the fifth year that Unusual Risks have surveyed the availability of HIV Life Assurance in the UK, with the earliest survey result in 2011 indicating only 50% of insurance providers were offering any form of HIV Life Assurance.

This year Unusual Risks have broadened the focus of their survey by highlighting the lack of availability of Income Protection and Critical Illness Cover to people living with HIV. The Campaign to secure IPP & CIC for HIV Positive people has now been running for just over 12 months.

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

‘We recently surveyed the top eleven life assurance groups, servicing brokers and were delighted to see that 72% of companies are offering Life Assurance to HIV Positive people. It is encouraging to see an increasing number of Life Assurance providers and products available to the HIV community’.

‘Unusual Risks are actively campaigning for Insurance providers to offer Income Protection and Critical Illness Cover to HIV Positive people and are currently in discussions with the Association of British Insurers over these matters on behalf of the HIV Community’.

‘Over the last twelve months we have seen an increase from 61% up to 90% of HIV Positive people, that would consider IPP & CIC if it were available in the market place. Every week HIV Positive people contact my office looking for these products to protect their mortgages, partners and families’.

In this year’s HIV Insurance Survey Unusual Risks once again established that currently 0% of the major Insurance companies currently offer any form of Income Protection Insurance or Critical Illness Cover to people already diagnosed with HIV.

Earlier in the year Unusual Risks released research supporting the suggestion that Insurance companies should consider doing so, as 89% of the respondents had taken less than 7 days off work due to sickness in the last twelve months and 74% of respondents had taken less than the national average of 4 days or less.

Chris Morgan at Unusual Risks led the campaign for the introduction of HIV life Assurance from 1999 through to its introduction in 2009.  He believes that it’s now time the UK Insurance industry take a serious look at providing Income Protection and Critical Illness Cover for people with HIV.

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 or visit us online at http://www.unusualrisks.co.uk/

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

HIV Life Assurance & HIV Life Insurance – Questions? …

Unusual Risks regularly receive questions from concerned HIV Positive clients, prior to them applying for Life Assurance and Life Insurance products.

We are planning to include the answers to some of these questions in the new “Consumer Guide” that we are writing for the Association of British Insurers and their member Insurance Companies.

If you have any questions about HIV and Insurance that you think should be included in the new Insurance Industry consumer guide please forward them to us at the contact details below.

Here are some of the best HIV Life Assurance Questions we have received so far … 

Which types of Insurance are available to people living with HIV?

Should I cancel my Life Assurance following my HIV diagnosis?

Should I disclose my HIV status on Insurance application forms?

Where can I find financial advice that is friendly towards people living with HIV?

We are also currently running the HIV and Insurance Survey 2015 and would like to ask all HIV Positive people in the UK to complete our anonymous survey https://www.surveymonkey.com/r/YSKH7XG

The data from this survey will be used to promote the new consumer guide that Chris Morgan and Unusual Risks have been asked to write by the Association of British Insurers.

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 or visit us online at http://www.unusualrisks.co.uk/

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

HIV and Insurance – Does Your Insurance Policy Have HIV Exclusions? …

Unusual Risks are the UK’s leading Financial Advisers, advising HIV Positive clients on Life Assurance and Mortgages …

Although we spend the majority of our time arranging Life Assurance and Life Insurance to protect families, children and mortgages, we also find ourselves being asked on a regular basis to advise on existing Insurance contracts held by clients.

The main areas of confusion that we find are around Life Assurance plans and whether they cover an individual after they have been diagnosed with HIV? and If Income Protection and Critical Illness Cover policies contain exclusions for claims relating to HIV?

We also meet HIV Positive people that were faced with making disclosures to their bank about their HIV status, who may be paying premiums for insurance that is in fact invalid due to incorrect disclosures they made on the application forms.

Also we have found there have been many HIV Positive people, that may have surrendered or cancelled their insurance in the belief that they are not covered, when in fact they were actually still covered by their Insurance.

Our general advice is to consult with a financial adviser who has specialist knowledge of HIV issues and can offer you advice before you make any final decisions about your Insurance.

If you are or have been effected by any of the issues mentioned here we would like to ask you to complete the HIV and Insurance Survey 2015 that can be found here. https://www.surveymonkey.com/r/YSKH7XG

The data from this survey will be used in a new consumer guide that Chris Morgan and Unusual Risks have been asked to write by the Association of British Insurers.

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 or visit us online at http://www.unusualrisks.co.uk/ 

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

HIV and Insurance Survey 2015 …

Unusual Risks are currently reaching out across the UK HIV Community and asking people to complete our latest survey …

We are currently representing the HIV Community in round table discussions with members of the Association of British Insurers (ABI), which are focused on improving the treatment of HIV Positive people by the UK Insurance Industry.

As part of these discussions we have agreed to help the ABI produce a “HIV and Insurance Consumer” guide which will help raise awareness of important issues like   ….

Whether HIV Positive people should cancel or keep their insurance’s on diagnosis?

Which types of insurance are available to people living with HIV?

When should you disclose your HIV Status on Insurance application forms?

The data collected from the enclosed survey will help with the launch of the consumer guide and also help us to continue to press for change around the availability of other financial products.

https://www.surveymonkey.com/r/YSKH7XG

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 or visit us online at http://www.unusualrisks.co.uk/ 

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