Gay life insurance and life assurance advice for gay men

Gay Life Insurance/Life Assurance/Same-Sex Cover - The Issues

Are you paying too much for life insurance (life assurance)? Have your premiums been previously increased just on account of your sexuality?

From 30 September 2005, the UK life insurance industry made a big change to the way it deals with risk (see Louis Letourneau's Gay Times article on the changes to life insurance).

	The Association of British Insurers' new guidelines (from 30 September 2005) mean an end to the discriminatory lifestyle questionnaires, automatic requests for HIV tests and increased ("loaded") premiums based solely on sexuality.
	In place of the old lifestyle questionnaire, ALL those now applying for life insurance (life assurance), critical illness cover and income protection plans will have to say if they have been exposed to the risk of HIV infection in the last five years. This can be caught through unsafe sex, injecting a non-prescriptive drug, treatment with a blood product or blood transfusion or surgery undertaken outside of certain countries. Saying yes to any of this will still result in a request for an HIV test.
	It’s no longer allowable to request an HIV test based on occupation, so all you hairdressers, cabin crew and dancers are now able to apply for life insurance for the first time with ease.

Gay Life Insurance / Life Assurance - specialist advice

The changes brought in during the Autumn of 2005 are excellent developments, as they mean that gay men will no longer be discriminated against purely by reason of our sexuality.

However, although the need for specialist help in the underwriting sense might have disappeared, the need for specialist advice about the best plans appropriate to you has not.

The life industry might be slow to react to these changes and we’d like to hear from anyone still experiencing discrimination by providers – some of the banks have been notorious in the past for example – are they still looking for ways to discriminate against us? Please let us know - email .

We can help with guidance about the type of plan you might need, the best way to apply and on how Civil Partnership registration alters your financial affairs.

Life Insurance/Life Assurance for gay men - What Next...

If you have an application for life insurance / life assurance currently going through the system, or if you have received a lifestyle questionnaire, or being advised that you need to take an HIV test – contact us now!

If you have had increased premiums in the past, contact us now!

For a personalised life insurance quote contact us now or get a free life insurance quote. BUT, if you are a gay man please talk to us before you make any final decisions - not all companies will be suitable for you. (Gay men, for example, should not necessarily apply jointly for Life Assurance.)

This site also offers you a free quote for Critical Illness cover, income protection/PHI and free quotes for pensions.

Minimise this - seek expert advice from us. Our truly Independent Financial Adviser Consultants, at Isis Financial Planners, have helped, for many years, gay men find Life Insurance at standard premiums.