{"id":938,"date":"2019-03-16T05:56:10","date_gmt":"2019-03-16T05:56:10","guid":{"rendered":"http:\/\/unusual-risks.co.uk\/?page_id=938"},"modified":"2019-03-16T05:59:34","modified_gmt":"2019-03-16T05:59:34","slug":"money-matters-column-5-spring-2019","status":"publish","type":"page","link":"https:\/\/unusual-risks.co.uk\/?page_id=938","title":{"rendered":"MONEY MATTERS COLUMN 5 – SPRING 2019"},"content":{"rendered":"\n

Money Matters By Chris Morgan<\/strong><\/p>\n\n\n\n

Better Premiums & Longer Terms Available!<\/strong><\/p>\n\n\n\n

Throughout the last 10 years, since the launch of HIV\nLife Assurance in 2009, I have seen a number of changes in the way that Life Insurance\ncover has been offered to applicants living with HIV. The original policies\noffered between 2009 to 2013 were for limited terms only of between 5 and 10\nyears. <\/p>\n\n\n\n

Between 2003 and 2004 Life Insurance Companies in the\nUK started to offer applicants longer terms of between 20 and 25 years, which\nof course were much more suitable for people protecting their families and\nmortgages. This led to an increase in the popularity of HIV Life Assurance.<\/p>\n\n\n\n

Fast forward to the 10 year anniversary of HIV life\nInsurance products and we are now seeing significantly lower premiums being\noffered to applicants. This is due to the latest statistics relating to HAART\ntherapy that have become more available to insurers, giving them more\nconfidence relating to the potential claims experience within the policies they\nare offering. <\/p>\n\n\n\n

So much so that with this “Third Generation”\nof products, insurers are offering lower premiums and better terms than ever\nbefore for people living with HIV. For two groups of people this is a very\nwelcome change and they should be seeking professional advice from specialists\nlike Unusual Risks. <\/p>\n\n\n\n

  1. For those who already have cover, it would\ncertainly be worth reviewing their policy as they may be able to get either\nmore cover for their money or be able to reduce their current premiums. Either\nway this is a significant development for the consumer<\/li>
  2. For those seeking new cover, they have\nmore choices and better policy options like never before. Consumers previously\nmay have had to compromise on their levels of cover, or their options\nrestricted due to budget.<\/li><\/ol>\n\n\n\n

    Applicants are now able to look at higher amounts of\ncover to meet their needs, which means more protection for families and\nmortgages. However, what still hasn’t changed is the very complex nature of the\nmedical information required and underwriting requirements of insurers.<\/p>\n\n\n\n

    In fact, due to product pricing changes and insurers\ntightening their belts ahead of Brexit, the product is still as difficult to\nobtain as ever before. Applicants should seek advice from HIV life Assurance\nspecialists Unusual Risks, as it was ourselves that led the campaign to secure\nLife Assurance for people living with HIV in the UK.<\/p>\n\n\n\n

    Many of you will be aware I\u2019ve consulted with the\nInsurance industry on these issues for 20 years and it was my campaign secured\nthe introduction of Life Assurance for people living with HIV in the UK. Two\ndecades of experience in this field means that you have access to advice to the\nvery best advice. <\/p>\n\n\n\n

    No financial adviser in the UK has more knowledge of\nHIV Life Assurance! <\/p>\n\n\n\n

    Contact\nus for a quotation today 0845 474 3075<\/p>\n\n\n\n

    Unusual Mortgages – New\u2019s Bulletin <\/strong><\/p>\n\n\n\n

    DEBT CONSOLIDATION – OVERCOMING\nADVERSE CREDIT SITUATIONS<\/strong><\/p>\n\n\n\n

    Remortgaging to pay off debt<\/strong>\n– If you\u2019re a homeowner remortgaging can, if the right mortgage is found,\nimprove your situation. By releasing capital and paying off debts, you could\nre-structure your monthly costs. <\/p>\n\n\n\n

    A re-mortgage is when you replace your existing mortgage with a\nnew one. It can mean changing products with your existing lender or switching\nto another mortgage lender completely. <\/p>\n\n\n\n

    You should always get expert Independent Mortgage Advice, to make\ncertain you’re making the right decisions. There are two main ways that re-mortgaging\ncan improve your situation:<\/p>\n\n\n\n