““Celebrating 25 years in 2025 – Part 4”
The 95% Factor – Income Protection & Critical Illness Cover – Chris Morgan
In 2025 I’m celebrating advising people living with HIV on financial issues for 25 years. Initially this was through my first resident column in men’s health magazine AXM in year 2000, which featured many advice issues for people living with HIV.
Since then many people will have seen my HIV financial columns in publications such as Pink Paper, Gay Times, Attitude Magazine, Positive Nation & Baseline Magazine. These magazines along with national press all contributed to the campaign to secure life insurance for those with HIV.
HIV & Insurance – What’s New?
After 16 years campaigning it gives me great pleasure and I’m extremely proud to be able to say that people living with HIV can now obtain Income Protection & Critical Illness Cover. 95% of Banks, Building Societies, Estate Agents and Mortgage providers do not have these product available for people living with HIV.
We are finding that it’s very common for HIV Positive people applying for Mortgages to be declined for Income Protection and Critical Illness Cover. Many are left without any explanation as to why they have been declined for cover – they should seek specialist advice.
We have always believed that people living with HIV should have equal rights when it comes to taking insurance products such as Life Insurance, Income Protection and Critical Illness Cover, especially if they are for protecting their Mortgages, Families and Businesses.
Declined For Cover Elsewhere?
95% of Banks, Building Societies, Estate Agents and Mortgage Providers decline people living with HIV Income Protection and Critical Illness – However, we are able to arrange these products for some HIV Positive people who need cover for their Income or Mortgage.
Income Protection is the most useful financial services product of all as it is used for protecting a persons income or mortgage payments. We know this product is offered to all people in the UK taking a mortgage, however we know that 95% of Insurance provider and Mortgage providers do not offer this to HIV positive people.
Critical Illness Cover is mostly used by policyholders who require a lump sum benefit in the event of a serious illness. This product is also offered widely to applicants who are taking out a mortgage – once again 95% of insurance and mortgage providers decline people with HIV for this product.
What is Covered?
Income Protection covers all medical eventualities, because it covers your ability to continue your own specified occupation – not just specific medical conditions.
Critical Illness Cover covers a list of serious medical conditions in line with the definitions within the policy for each condition. Here’s a list of the most common top 10 medical conditions covered. You will find that most policy’s cover a much longer list than this.
- Cancer
- Heart Attack
- Heart Surgery
- Kidney failure
- Liver Failure
- Motor Neurone Disease
- Multiple Sclerosis
- Parkinsons
- Stroke
- Dementia
For the first time in 25 years, we are able to offer a full range HIV Inclusive protection products, without HIV exclusions – they are now available through Unusual Risks.
If you have been declined for Income Protection or Critical Illness Cover then contact us.
Who are Chris Morgan & 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 26 years. His column has previously been resident for publications such as Baseline Magazine and Pink Paper.
Chris Morgan can be contacted about HIV Life Insurance, HIV Income Protection and HIV Critical Illness Cover at Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075 or make an appointment by Email: Enquiries@unusualrisks.co.uk Web: www.unusualrisks.co.uk