Life Insurance - Gay couples gain greater insurance equality - 31/08/2007

Insurance equality for gay men has been still further confirmed by the Association of British Insurers (ABI).

The association proposed that a previous exemption for insurers on grounds of sexual orientation be scrapped - meaning that civil partnerships and marriages will now be seen as exactly equivalent.

Director of general insurance and health at the ABI Nick Starling said: "The insurance industry is united against discrimination and in support of treating people fairly.

"But we do not seek exemptions where there is no case for one; there is no need for the law to provide for different treatment between Civil Partnerships and marriages."

The announcement comes after life insurance guidelines were recently issued by the ABI.

Chris Morgan, member of the ABI's Expert Working Group on HIV and Insurance, said: "It’s very important that the new sexual orientation regulations do not overshadow the positive changes that have already been made for gay men within the life insurance industry.

"The HIV and Insurance guidelines introduced by the ABI require insurance companies to treat gay men fairly when applying for life assurance products already. Therefore, the exemption contained within the new legislation should be removed."
Bookmark with:
  print Print Preview   email E-mail to a friend
 
Comments
Not comments have been posted yet.
 
Do you have something to say? (maximum comment length of 250 characters)

Post your comment
 
 
 
Related News
  16/04/2009 - Fraudsters stage fake funerals to get life money. Life insurance firms in the US are now dealing with a new type of...
09/04/2009 - Life insurers to get US Govt aid. Life insurance firms in the US will soon benefit from the government’s $700 billion...
09/04/2009 - Life insurers could face hefty bill. Pensioners may receive bad news this month, if they find out that they have...
 
Related Guides
  Life insurance guide. Most life policies have optional extras, which include the following. A waiver of premium...
Life Insurance. What is Life Assurance/Insurance? What types of life assurance are there? What is critical illness...
 
Related Articles
  Life insurance more essential than ever. As a new parent finances can become strained, particularly in an economic downturn. Many...
Pension groups clamping down on the FSA. The way people purchase life insurance cover and lifetime annuities has come under review...
Life insurance: don't wait until it's too late. For obvious reasons many people feel uncomfortable discussing or thinking about life insurance. But...

Life Insurance News
16/04/2009 - Fraudsters stage fake funerals to get life money. Life insurance firms in the US are now dealing...
Read More
09/04/2009 - Life insurers to get US Govt aid. Life insurance firms in the US will soon benefit...
Read More
09/04/2009 - Life insurers could face hefty bill. Pensioners may receive bad news this month, if they...
Read More
08/04/2009 - Pension savers warned about pension tax bill. Pension savers have been warned that they could end...
Read More
More News >>