How to protect your confidentiality when taking out Life Insurance? By Chris Morgan
Over the last 25 years whilst advising Insurance clients living with HIV, one of the most asked questions has been about protecting their confidentiality. Many people approach me with concerns about making disclosures whilst taking out Life Insurance through their bank, building society or financial adviser?
Many are also concerned about their GP finding out about their HIV status, as sometimes HIV clients have elected not to disclose this to their General Practitioner. Many Life Insurance companies go directly to GP’s for medical information and therefore extreme care needs to be taken when selecting an insurer.
We only recommend Life Insurance Companies that are co-operative in protecting our clients confidentiality around HIV to avoid any inadvertent disclosures. This is one of the areas that we work very closely with insurers as we are specialists at looking after HIV Positive clients.
HIV Life Insurance & HIV Life Assurance
In this latest four part series we have highlighted the most up to date key issues facing people living with HIV, when taking out life insurance products. Longer Term Life Insurance is now finally available, with applicants no longer restricted to just 10,15 or 20 years at outset.
This means that people who have only limited terms left on their cover should now be looking to review their policies and extend their policies. New applicants will be able to take out cover to protect the full term of their mortgage and families over longer periods of time now.
If you have been declined for Life Insurance cover elsewhere, we are absolute specialists at helping people to find cover. Sometimes people are not informed of the reason they are declined and we are able to help them understand the reasons they have been declined and overcome any obstacles.
Income Protection Verses Critical Illness Cover
Long Term Illness Cover is something that I have been campaigning for over the last 15 years and finally we are able to offer Long Term Illness cover to people living with HIV. This is a valuable insurance for protecting both a persons personal income or mortgage payments.
We are meeting lots of people who have been declined for Income Protection & Critical Illness Cover by their banks, building societies and financial advisers. These products have been unavailable previously for decades, but we now have extensive research and advice available on Long Term Illness Cover.
We maintain that the first rule of financial planning is to protect yourself against the financial effects of Long Term Illness. This opportunity has been denied to people living with HIV for decades – finally we are able to offer some form of cover to applicants within the HIV Community.
*** IMPORTANT INFORMATION ***
We are currently assessing applicants for the Long Term Illness new products available and are writing policies for those that meet the insurers criteria. We maintain that this product was deliverable over 10 years ago, but it is only now that it is has become available for some applicants.
If you think you qualify for the new products and would like to find out more about HIV Income Protection, or general advice about Critical Illness Cover please email us at enquiries@unusualrisks.co.uk
Who are Unusual Risks?
We are the UK’s leading specialists at placing HIV Life Insurance , HIV Income Protection & HIV Critical Illness Cover. 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 twenty five years.
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.
He has recently succeeded in securing Co-Risk Life Insurance products for the HIV Community, which means that people who have been declined for cover for over two decades can now apply for Life Insurance Cover.
Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 24 years. His column has previously been resident for publications such as Baseline Magazine and Pink Paper.
For more information about HIV & Hepatitis 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