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Zurich in U-turn on gay cover

Zurich Life is to offer life insurance to gay men for the first time in a

policy U-turn that follows media criticism of its procedures.

It changed its policy after it told an online survey by gay website

queercompany.com that it would not insure gay men. The survey led the ABI

to call for life companies to reassess the issue of insuring gay men and

related concerns about HIV and Aids.

This week, Zurich reportedly told the website it did not quote on

homosexuals as it had difficulty assessing the risk.

But, speaking to Money Marketing, a Zurich spokeswoman says: “We have

reviewed our position and will be offering life cover to gay men within the

next few months.”

Commenting on improved treatments and changing patterns of HIV and Aids,

ABI spokesman Malcolm Tarling says: “The industry must look at the way it

deals with HIV and Aids to make sure the industry&#39s stance reflects the

true risks out there.”

The ABI is reviewing its statement of practice on the issue in conjunction

with HIV charity the Terrence Higgins Trust.

Massow Rainbow Group consultant Jeff Monk says:”I would welcome the change

as long as Zurich does not move to a position where they make gay men pay

through the nose for cover.”

DOCE:

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