HIV Life Assurance, HIV Life Insurance and HIV Mortgage Blog

Our Sponsors Unusual Risks, financial advisers to the HIV Community are today announcing part two of the results of their HIV Life Insurance Survey. During the last two years they increased the sums assured of existing clients by 112%, where they preferred to increase their cover instead of taking a 40% premium reduction.

The new products are only available through a broker such as Unusual Risks and are not available through Banks and Mainstream Insurers. When price checked against the major banks and insurers, the majority of them are charging double or triple those premiums being charged within the new products available through Unusual Risks.

Speaking about their survey, Chris Morgan, Lead Financial Adviser of Unusual Risks Said;

“The new generation of products mean that anyone that is living with HIV who took their policy before March 2018 should review their current arrangements, especially if there existing cover is with Zurich, Vitality, Liverpool Victoria, Legal & General, Exeter Friendly or Aviva. Those policy holders are likely to be overpaying and should seek advice on the current market rates”.

Chris Continued ..

“Each year Unusual Risks track the average sum assured of HIV life Insurance and they have seen an increase in the amounts of cover being taken by people living with HIV. The average annual figure is currently £227,223, which is double historic figures around from 10 years ago – this in mainly due to the improved pricing of products available”.

Chris Morgan and Unusual Risks have campaigned on behalf of the HIV Community for over two decades, firstly for the introduction of HIV Life Assurance, followed by the lengthening of policy terms and then most recently the reduction of monthly premiums. They are still currently able to place Life Insurance for people living with HIV at competitive premiums.

Unusual Risks are very proud to have played the lead role in improving the accessibility of financial products for people with HIV over the last decade and will continue to work on behalf of the community to secure better products. They are now able to guarantee all people living with HIV between the ages of 18 and 64 access to some form of Life Insurance.

Unusual Risks our sponsors are the UK’s leading financial advisers offering advice to clients living with HIV or Hepatitis on HIV Life Assurance, HIV Life Insurance, HIV Mortgages, Hepatitis C Life Assurance, Hepatitis C Life Insurance, Hepatitis C Mortgages.

They are also the UK’s leading experts at planning Life Assurance and Mortgages for HIV Positive Families and are able to assist HIV Positive people looking for advice on their Pensions and Investments. *Please note Income Protection and Critical Illness is not currently available to people living with HIV.

For more information about these services please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075. Email Enquiries@unusualrisks.co.uk or visit us online at http://www.unusualrisks.co.uk/web www.unusualrisks.co.uk

HIV & Hepatitis

“Things Have Changed – Part Five” … Commentary by Chris Morgan

What if I was declined for Life Insurance cover years ago because of HIV & Hepatitis?

As a result of our “Things Have Changed” campaign we are getting more and more people coming back to us who were declined for Life Insurance over the last 13 years. Mostly people who are living with HIV and had also been diagnosed either Hepatitis B or Hepatitis C.

This Co-Risk area is something I have worked at very hard to resolve with insurers over the last two years. My initial focus was to encourage them to cover people with HIV and Hepatitis – but lots of good changes have come from this also with other medical conditions.

I’m pleased to say we are now finding Life Insurance for many people who were declined over the last 13 years, if this was you – then don’t hold back, things have changed – call us to see what is now possible for people with HIV and other medical conditions.

You can find the full article “HIV & Hepatitis” by clicking here http://unusual-risks.co.uk/?p=1477

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 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 

HIV & Medical Conditions

“Things Have Changed – Part Four” … Commentary by Chris Morgan

Where Can I find the best Life Insurance Cover if I’m Living With HIV?

One of the key parts of my job is to research and appraise the market on a regular basis and for the last 13 years, since life insurance products were introduced for people living with HIV, I’ve been working to get the very best premiums and terms for my clients – consulting daily with insurers and helping them to improve their products.

I’m aware that there is currently an 86% chance of someone living with HIV meeting a product provider that is not currently offering the fairest terms for their situation. Since the pandemic many of the major Life Insurance companies and High Street Banks are charging between double and three times the fairest Life Insurance premiums for people living with HIV since the pandemic.

Unusual Risks are always aware of where the best premiums and terms that are currently being offered and have products providers that are not available to you directly or through banks. Unusual Risks are also specialists at successfully finding Life Insurance cover for people who have been declined elsewhere.

You can find the full article “HIV & Medical Conditions” by clicking here http://unusual-risks.co.uk/?p=1448

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 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 

HIV & Hepatitis

“Things Have Changed – Part Three” … Commentary by Chris Morgan

What can I do if I’m Living With HIV and have been declined for Life Insurance before?

Throughout my career I have met literally hundreds of people living with HIV, who have been declined for Life Insurance by either their High Street Bank or a Life Insurance Company. Currently we are aware that a minimum of 56% of applications are being declined, many without any reasonable explanations given to applicants.

We actually believe that the overall figure is more likely to be 70% at this moment in time, which means I’m meeting many people who have been affected by decisions like these every week. The most important part of my job is to relieve any stress and anxiety this may have caused for my client and then represent them in successfully finding Life Insurance cover.

Unusual Risks have been working extremely hard following the pandemic to create new opportunities for all people living with HIV, who may have been declined for cover in the past. We have a very high success rate of finding cover for people who have been declined for cover elsewhere.

You can find the full article “HIV & Hepatitis” by clicking here http://unusual-risks.co.uk/?p=1446

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 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 

HIV & Syphilis

“Things Have Changed – Part Two” … Commentary by Chris Morgan

How can people living with HIV find the fairest premiums and terms for their Life Insurance?

During the last 13 years there have been many changes to the pricing and terms offered to people living with HIV for their Life Insurance. The onset of the COVID Pandemic in 2020, meant there were even more serious changes to the premiums being charged and the quality of the terms being offered by insurers.

We are aware that only 22% of Life Insurance Companies are currently offering Life Insurance products to people with HIV on the very fairest terms. Also only 16% of Banks are currently offering the fairest terms to people living with HIV. This means that there is up to an 88% chance of a consumer not receiving the fairest terms for HIV Life Insurance.

Many of the companies involved are charging between double and three times the fairest premiums for exactly the same product. Unusual Risks are working extremely hard to make sure that all those living with HIV receive the fairest premiums and terms for their Life Insurance.

You can find the full article “HIV & Syphilis” by clicking here http://unusual-risks.co.uk/?p=1438

Chris Morgan is a fully qualified Financial Adviser and has been writing on HIV Insurance and HIV Finance issues for over 20 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