View more on these topics

Compass and ABI offer guide to gay life cover

by Nicola York

Specialist gay IFA Compass and the Association of British Insurers have joined forces to produce a consumer guide on gay life insurance to explain the effects of the ABI guidelines on HIV and insurance.

The guidelines were introduced in October 2005 when insurance firms were banned from asking applicants about their sexual orientation on life insurance application forms.

The guide contains information about answering questions on application forms for life, income protection and critical-illness cover and issues covered include sexual behaviour, sexually transmitted diseases, disclosure of sexuality and civil partnerships.

Compass was heavily involved with the campaign to remove “the gay question” on life insurance application forms.

The guide is available free through the firm.

Managing director Chris Morgan says: “This guide is another piece of the jigsaw relating to the new HIV and insurance guidelines. It is crucial that there is readily accessible information for gay men applying for life insurance.”

Recommended

Boggy trail

Most of us are familiar with the famous Mrs Merton TV interview a few years ago in which she asked Debbie McGhee: “So Debbie, what was it that first attracted you to millionaire Paul Daniels?”

Audit exemption could save 8m

SimplyBiz expects the audit exemption for smaller firms to save IFAs 8m and appointed reps 4m in fees.

Scott steps down at M&G Asian fund

Nick Scott has stepped down as manager of the £235m M&G Asian fund after 13 years. Scott was employed by Prudential’s Hong Kong asset management business, and is being replaced by deputy Neil Mackay while a permanent replacement is sought.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment