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.”