Unusual Risks, the Cryonics Insurance advisers are today announcing the results of their fifth Cryonics and Insurance Survey. After conducting research into the financial needs of the Cryonics community in the UK, they can now confirm that the average amount of Insurance being taken for the purpose of Cryonics has risen to £113,250, from a previous average of £109,461.
The survey was conducted amongst existing clients of Unusual Risks and Cryonics UK members, who were either members of Alcor Life Extension Foundation or The Cryonics Institute. This year’s survey follows last year’s where Unusual Risks researched the number of Insurance providers who offer trust documentation suitable for Cryonics members.
Speaking about their survey, Chris Morgan, Lead Financial Adviser of Unusual Risks Said;
‘The purpose of the annual Cryonics and Insurance survey is to raise awareness of Cryonics and it’s accessibility through Whole of Life Assurance. There is a great amount of discussion within the Cryonics Community as to the most appropriate amounts of Insurance to have in place for Cryonics and we are experts at helping them to find the right level of cover’,
‘We realise that the amounts of Insurance that people take is an individual decision, that needs to into account issues such as currency fluctuations and future price increases in line with inflation. During the recent survey the lowest level of Life Assurance that was disclosed to us was £60,000 and the highest was £270,000’.
The wide differences in sum assured reflect a variety of service options that are available within the Cryonics Community and also the policy holder’s individual attitude towards any future possible price increases. A previous Cryonics and Insurance Survey established that 90% of Cryonics people were funding or intending to fund their agreements with an Insurance policy.
Chris Morgan and Unusual Risks have been helping the UK Cryonics community for the last eight years to arrange all types of insurance policies for their needs. They are experienced at calculating future Cryonics insurance requirements and completing the appropriate trust documentation required by all of the leading Cryonics Service providers.
Unusual Risks are the UK’s leading financial advisers offering specialist advice on Life Insurance for the purpose of funding Cryonics.
For more information on Cryonics and Insurance in the UK you can contact Unusual Risks by phone on 0845 474 3075. Email at Enquiries@unusualrisks.co.uk or visit us online at www.cryonicsinsurance.co.uk
Unusual Risks are the approved Insurance agents in the United Kingdom for both Alcor Life Extension Foundation www.alcor.org and The Cryonics Institute www.cryonics.org
People in the United Kingdom wanting to know more about the subject of Cryonics should contact Cryonics UK at www.cryonics-uk.org