“26 in 2026″ –Declined For Income Protection”? By Chris Morgan
26 in 2026 is a continuation of our celebration of advising clients living with HIV.
This is a reflection of our commitment, knowledge and dedication to advising people with HIV around their finances for 26 years. You will read in my previous columns that over the last 26 years I’m the financial adviser that decided to do something to help people living with HIV and fight against Discrimination in the Life Insurance Industry.
Did you know: “Up to 95% of applicants are declined by Insurers, Banks, Building Societies, Estate Agents and Mortgage Lenders for Income Protection” …
We are here to help you find Income Protection – Protecting your Income, Covering your Mortgage, or Key Person Business Insurance – We are able to help you even if you have been declined before.
Income Protection vs Critical Illness Cover
We are able to assist those with HIV who are looking to protect their regular income in case of long term illness. Some insurers are now considering applications from clients with HIV for both Income Protection and Critical Illness Cover – we can help you to compare the product features, availability and premiums for all types of long term illness cover – we are specialists in advising people living with HIV.
HIV Income Protection – Case Example
Name: Rafiki, Age 42, Medical Professional
Rafiki contacted us looking for Income Protection after his mortgage adviser started asking lots of difficult questions – the outome was that he was declined for Income Protection by his bank.
He had just arranged a 25 year mortgage and the bank suggested he take Income Protection to cover the mortgage payments, however they did not offer cover to people living with HIV.
Rafiki had also tried several insurance companies who had also declined to offer him Income Protection.
We were able to arrange Income Protection cover that was fully inclusive of his HIV status – we also were able to compare the Critical Illness Cover options that were available to him.
Declined Elsewhere
Those with pre-existing medical conditions like HIV can lead to cases being declined by Banks, Building Societies, Financial Advisers and Estate Agents. We meet people in these situations on a regular basis and never presume that what has happened previously is correct – we often find that people are declined for cover without any reasonable explanation.
Product Features
We arrange Income Protection to cover Income, Mortgages and Business Loans that are inclusive for people living with HIV. We are now also offering long term sickness cover for clients for either a fixed term or up to their retirement age at 67 – this is very new in availability for people with HIV and we very proud to be able to offer these products.
Common Uses For Income Protection
Protecting your Income, Covering your Mortgage, or Key Person (Business Insurance)
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 25 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