Cryonics & Life Insurance – Key Questions – Winter 2021

The subject of Cryonics has been very popular in this last few months in terms of interest from new members and requests for advice and information …

These are a few of the questions that typically occur in the early stages of our conversations with potential new Cryonics members. Some of these questions are ones that occur regularly and also there are a few new ones, which makes life very interesting.

Which is the best type of Life Insurance for Cryonics?

Most definitely Whole of Life Assurance is the best type if Life Insurance for funding Cryonics, as the policy will run until it is needed. In a very small number of cases Term Assurance could also be suitable, but only generally where someone already has assets and capital in the background to pay for Cryonics later in life.

What is the minimum age that someone in the UK can take Whole of Life Insurance for Cryonics?

For many years the minimum age was 18 years for taking out Life Insurance in the UK. However, recently a company introduced a minimum age of 16, which means that some parents have been able to cover their children before the age of 18.

What is the best Type of Trust document for Cryonics?

Both Alcor Life Extension Foundation and The Cryonics Institute require that your Life Insurance policy be placed into an “Absolute Trust”, this means that they would become the sole beneficiary of the policy. As the name would suggest the original document cannot be altered.

What would be your recommended Number of Trustees for an absolute trust?

There are a number of different opinions on the appointment of trustees, but the starting point is that you should appoint at least two separate ones. We normally suggest appointing more in case something happens to any of your trustees, or in case you lose contact with any of them.

We have one client who appointed four at the start of their policy, which was a good move, as they now have only three in place due to a bereavement. It is possible to add trustees, but we recommend that you start with more than the minimum number to avoid complications later on with any payment of benefits from your policy.

What questions we will be covering in the coming blog features?

These are some of the most recent and frequent questions – in the coming issues we will be answering more questions about inflation linking and currency fluctuations. If you have questions or need advice about cryonics and Life Insurance you are welcome to contact us at the details below.

About Unusual Risks`

Chris Morgan and Unusual Risks have been helping the UK Cryonics community for the last ten 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.

If you need advice about Cryonics and Insurance then contact us on 0845 474 3075 or by email Enquiries@unusualrisks.co.uk

Visit Unusual Risks on the web 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

If you are in the United Kingdom wanting to know more about the subject of Cryonics should contact Cryonics UK at www.cryonics-uk.org

Cryonics & Life Insurance … Key Questions – Summer 2020

There have been quite a number of people that have been making decisions about their Cryonics through this period of pandemic and lockdown. They seem to have had more time to think about their arrangements for Cryonics and have been finalising outstanding arrangements.

Whether this has been reviewing their existing policies or putting in place news ones – there have been a number of topical questions that have been emerging, which I’ve been compiling.

Topical Key Questions ….

When would be a good time to review my cover?

Many people have been reviewing the levels of cover that they have already within their whole of life policies and considering whether or not their “Index Linked” amount of cover is enough.

One of the key issues has been making sure your policy premium is both affordable and sustainable for both now and the future.

How do I know if I do not have enough cover in place?

It is important to check if your policy has enough cover in place to cover your membership agreement. Remember sometimes the amounts needed can change or increase, so its worth checking that your cover is still sufficient to meet your needs.

How do I know if I have excessive cover in place?

If you have more cover than you need you can either reduce your sum assured to reduce your premium, or leave the excess cover in place and make an arrangement with your Cryonics service provider to return excess funds to your estate.

Should I be buffering and taking additional Cover?

Having a “Buffer” sufficient to cover currency fluctuations and unforeseen circumstances has always been a good idea and now, in these uncertain times, it is especially the case.

If you are relying on the bare minimum in your policy, it may be time to review and make provision for some kind of “Buffer” in your policy.

I’ve been meaning to get my Trust Documents completed.

Many or our pending client trust documents have been coming back through the lockdown period. Some people may have had more time to do this, or they have had relatives with more time to sign the documents.

The Current recommendation for the number of trustees is three, with one from your service provider (Cryonics Institute and Alcor Life Extension Foundation) and others from your close family and friends.

About Unusual Risks

Chris Morgan and Unusual Risks have been helping the UK Cryonics community for the last ten 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.

If you need advice about Cryonics and Insurance then contact us on 0845 474 3075 or by email Enquiries@unusualrisks.co.uk

Visit Unusual Risks on the web 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

If you are in the United Kingdom wanting to know more about the subject of Cryonics should contact Cryonics UK at www.cryonics-uk.org

Cryonics & Insurance Survey 2020 … Summer 2020

Unusual Risks, the Cryonics Insurance advisers, are today announcing the results of their seventh 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 increased to £115,285, from the previous average of £103,610.

The survey was conducted amongst existing clients of Unusual Risks, who were either members of Alcor Life Extension Foundation or The Cryonics Institute. This year’s survey looked at the average amount of Life Insurance being taken out for the purposes of Cryopreservation, both for full body and neuro services.

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 take into account issues such as currency fluctuations and future price increases in line with inflation. During the recent survey the level of Life Insurance has increased this year, which we believe is due to the current economic environment influencing people’s decision’s.

This figure restores the average to above the previous higher level of £113,250, which is mainly due to people taking into account thecurrent economic conditions when selecting the amounts of cover they need. Consumers would rather have slightly more cover in their policies, than not enough to complete their membership commitments with Alcor and Cryonics Institute.

Chris Morgan and Unusual Risks have been helping the UK Cryonics community for the last ten 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.  

Formore information on Cryonics and Insurance in the UK you can contact Unusual Risks by phone on 0845 474 3075. Email atEnquiries@unusualrisks.co.ukor visit us online atwww.cryonicsinsurance.co.uk

Unusual Risks are the approved Insurance agents in the United Kingdom for both Alcor Life Extension Foundationwww.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.orgU

Cryonics Life Assurance – “Best Premium & Policy Comparison” …

Unusual Risks the Cryonics Insurance Advisers and our lead financial adviser Chris Morgan having been serving the Cryonics Community for over eight years.

During this time Chris has advised many UK clients about taking out Life Insurance to run alongside their Cryonics membership agreements with Alcor Life Extension Foundation and The Cryonics Institute.

Best Premium Comparison

Over the last two decades there have been several “generations” of whole of Life Assurance products, with the latest offering the best premiums and best terms ever to people looking for Cryonics Life Insurance.

These changes have been wonderful for lowering the overall price of Cryonics to the community in general, however it has become apparent that many people are still simply buying the wrong product or being recommended the wrong product by mainstreams brokers, who do not know about this complicated subject.

The Cost of Getting the Wrong Product

We have met a number of clients recently who have been offered either the wrong product by their financial adviser, or have approached the wrong company themselves for Insurance. You have a 1 in 20 chance of finding the best product, so why on earth would you not take advice from the Cryonics Communities leading specialist financial adviser?

Our latest “Premium Comparison” survey takes into account all Insurance Comparison websites, Banks Building Societies and Insurance Companies. With two recent cases the difference between the cheapest and most expensive premiums equated to a huge 51% difference for a client applying for £100,000 and 68% difference for a client applying for £210,000 of cover.

Unsuitable Providers & Products

Over the last eight years we have seen many clients who have either taken out, or have been recommended the wrong policy by financial advisers. Some had Endowments that were under performing, whilst others had Term Assurance products that were not guaranteed to meet their eventual needs, detailed in their membership agreements.

One client even had Decreasing Term Assurance, which of course has a reducing sum assured over a period of time, which is a product designed for protecting a Capital Repayment Mortgage over a set period of time. Luckily we found out this in time and arranged an affordable alternative.

It simply does not make sense trying to find Life Insurance Cover yourself, when you can secure the lowest Life Insurance premiums through a specialist Cryonics Life Insurance Broker with over eight years experience in looking after people taking out agreements with Alcor Life Extension Foundation and The Cryonics Institute.

No financial adviser in the UK has more knowledge of Cryonics Life Assurance than Chris Morgan our lead financial adviser. We are the UK’s most experienced financial advisers looking after Alcor and Cryonics Institute Members.

Unusual Risks are the UK’s leading financial advisers offering specialist advice on Life Insurance for the purpose of funding Cryonics.  

Formore information on Cryonics and Insurance in the UK you can contact Unusual Risks by phone on 0845 474 3075. Email atEnquiries@unusualrisks.co.ukor visit us online atwww.cryonicsinsurance.co.uk

Unusual Risks are the approved Insurance agents in the United Kingdom for both Alcor Life Extension Foundationwww.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.orgU

Cryonic and Insurance Survey 2019 …

Life Insurance & Whole of Life Assurance …

Unusual Risks, the Cryonics Insurance advisers, are today announcing the results of their sixth 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 reduced to £103,610, from a previous average of £113,250.

The survey was conducted amongst existing clients of Unusual Risks, who were either members of Alcor Life Extension Foundation or The Cryonics Institute. This year’s survey looked at the average amount of Life Insurance being taken out for the purposes of Cryopreservation, both full body and neuro.

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 take into account issues such as currency fluctuations and future price increases in line with inflation. During the recent survey the level of Life Insurance has reduced this year, which we believe is due to the current economic environment influencing people’s decisions’.

We are finding that during this last year most people have elected for either full body service with Cryonics Institute, or neuro service with Alcor Life Extension Foundation at an average of £75,333. 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 nine 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 would like thank Cryonics UK members for their help in publicising the Cryonics and Insurance Survey. If you require more information on Cryonics and Insurance please contact Unusual Risks Mortgage & Insurance Services by phone 0845 474 3075, or by email at enquiries@unusualrisks.co.uk or on the web at www.unusualrisks.co.uk

You can also find Cryonics and Insurance on the web at www.cryonicsinsurance.co.uk and for all of the latest Cryonics and Insurance News, Features, Research and Factsheets you can visit the Cryonics and Insurance Blog at www.cryonics-insurance.co.uk

Cryonics Life Insurance – One of the most important decisions you will ever make !

Throughout your life you are likely to be faced with a number of large financial decisions, such as buying a home, buying a car, or buying a financial services product like a pension or investment.

Buying Life Insurance for the purpose of Cryonics is also likely to be one of the biggest financial decisions a person will ever make. This of course would rank behind buying a house and probably ahead of buying a car in shear size of any transaction on monetary terms.

It is for this reason you should be taking specialist advice, from someone who understands Cryonics and also the requirements of the organisations The Cryonics Institute and Alcor Life Extension Foundation – to make sure you get the right financial product for this purpose.

Both have specific requirements for Life Insurance that you will need to meet to qualify for membership. Some of these requirements are related to the type of Insurance and also the type of trust documents that are acceptable to gain membership of each organisation.

Unusual Risks offer an advice process, where all these needs and requirements are assessed, before issuing a quotation for Life Insurance. It is very important to make sure all Cryonics options have been discussed before you make your decision for which service to apply for.

In order to provide a Life Insurance quotation we will need details from you, including a health declaration. Once we have this, we can then talk to you about the amount of Life Insurance you will need relating to all the different services offered by Alcor and Cryonics Institute.

We will also help you complete any required “Trust Documents” and do not charge you any fee for doing this. Which means not only do you receive the lowest possible premium for you Life Insurance, but free advice regarding completion of the trust documents.

Chris Morgan and Unusual Risks have been helping the UK Cryonics community for the last eight years to arrange Life Insurance for the purpose of cryonics. Contact us discuss your requirements and to start the quotation process today.

Unusual Risks are the UK’s leading financial advisers offering specialist advice on Life Insurance for the purpose of funding Cryonics.  

Formore information on Cryonics and Insurance in the UK you can contact Unusual Risks by phone on 0845 474 3075. Email atEnquiries@unusualrisks.co.ukor visit us online atwww.cryonicsinsurance.co.uk

Unusual Risks are the approved Insurance agents in the United Kingdom for both Alcor Life Extension Foundationwww.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

CRYONICS CHECKLIST “Things to Do” before you die” …

Victoria Stevens of Cryonics UK wrote the original 10 things to do before you die, the article is so informative, detailed and helpful for both new and existing cryonics members – we asked permission to publish this again on the Unusual Risks Blog … We have also added 11 and 12 relating to Life Insurance Trusts!

“Ten Things To Do Before You Die” – If you have decided that cryonics is for you then there are a number of things you should definitely do sooner rather than later. These are things that may be difficult to organise from a hospital bed and impossible from the local mortuary.

1. MAKE A DECISION and then act on it. Choosing the right cryonics service provider is not as important as simply having one ready for when you need it. By all means, take a little time to do some research but beware of prevarication – a recent patient had six weeks from diagnosis to cryo-preservation. You can always change your mind later.

2. MAKE STAND-BY ARRANGEMENTS. Finalising a contract with Alcor, Cryonics Institute or KrioRus is only one half of your cryonics arrangements. The other half should include a plan for cool down and transportation to the US or Russia- and this where Cryonics UK come in. Stand-by arrangements can be paid for by overfunding with your cryonics provider so that they can pay your standby expenses.

Without standby, a funeral director will pick you up some hours after your death, cool you down to dry ice temperature and ship you to your cryonics organisation. But if you want to avoid the worst damage to your brain it is better to have a cryonics standby team ready at your bedside to start cool down and cardio-pulmonary support immediately. Cryonics UK volunteers are also trained to administer meds and perfuse the brain to prevent ice crystal damage as quickly as possible after legal death.

3. WRITE A LETTER TO YOUR DOCTOR, stating your intention to be cryo-preserved and asking whether he or she will cooperate. You may also like to include a checklist of cryonics procedures for hospitals. Follow this with a visit and speak to your doctor about it. He or she should be impartial so if you are unhappy with the response you receive change to another doctor.

4. TELL YOUR RELATIVES. They may get a shock but it will be more of a shock if they find out immediately after your death. In such difficult circumstances they may block your preservation. Telling them beforehand gives them the chance to get used to the idea and gives you the chance to explain how important it is to you. You can reassure them that you have considered all the arguments and you still want to do it.

Having a cooperative next of kin is vital for a successful standby. He or she must be prepared to brief medical staff BEFORE death and to call CUK whenever there is a change in your health status. They must be available to permit release of your body to CUK and they must arrange for a death certificate. It may also help them to have Lasting Power of Attorney over your health and welfare.  If you think your current next of kin will be unable to cope with these demands or is unsupportive of cryonics then you should consider appointing someone else. A solicitor can arrange this and can act as your next of kin if necessary.

5. WRITE A LIVING WILL. In your living will you might like to write down your wishes for what you would like to happen should you become unconscious or incapable of making your own decisions. A doctor will usually place importance on a living will.

6. WRITE A WILL. Dying intestate (without a will) slows down procedures, which could delay the life assurance pay-out to the cryonics provider, and exposes the estate to claims from family members. Specifying cryonics in your will puts your arrangements in a strong legal position. You should also rewrite your will after every significant life event, such as marriage or childbirth, to reaffirm your wishes. It is worth noting that the law protects minors: life insurance funds and other assets can be allocated to care for minors, against the wishes of the deceased, where adequate provision has not been made for their care.
Keep copies with your solicitor and the executor of your will.

7. KEEP YOUR VITAL DOCUMENTS IN ONE PLACE. 

  •  Cryonics contract
  • Insurance documents and accompanying trust documents.
  • Cryonics UK membership information and contact details in case of emergency.
  • NHS registration number – vital for getting a death certificate
  • Passport – helps avoid delays at customs, for transport overseas Will
  • Living will.

8. TAKE STEPS TO AVOID AUTOPSY.  An autopsy or post mortem examination is usually required if a person dies unexpectedly. A doctor must ask your next of kin for permission to perform a clinical autopsy but if the coroner orders a medico-legal autopsy this cannot be refused. It may be possible to negotiate with the coroner regarding how it is performed but this will cause lengthy delays.

If you have been seen by a doctor in the fourteen days before your death and your death is expected then an autopsy is not usually required. Do not delay seeking medical assistance. Religious objection to autopsy forms have no legal weight in the UK but serve to inform doctors and relatives of your wishes.

9. DISTRIBUTE EMERGENCY CONTACT DETAILS. Make sure family and friends know who to phone in an emergency. Purchase a contact bracelet from your cryonics provider and make sure you include the contact details of your local standby team. Numbers from the Cryonics UK website can be used for this purpose. 

10. KEEP IN TOUCH! Don’t forget to update your contact details with Cryonics-UK and your cryonics provider. Tell us of any serious changes to your health. Having some warning of a member who may require our services helps us to plan for the individual circumstances of the case. If we are not contacted until after death we may not reach you in time to perform perfusion with a cryo-protectant. People who plan for their stand-by tend to be the people who achieve the best preservation.

Pay us a visit as well as your membership fee. You may have decided that training to attend an emergency is not for you but there may be other ways you can contribute a little of your time. Cryonics UK is a SELF help group and the more our members put in the more we all gain.
Please contact us for further information on any of the issues raised in this document.

11. (Added by Unusual Risks) Be sure to inform your trustees who your Life Assurance company is and have the contact details for their claims department, with your policy. Remember head offices and company premises change periodically, so it’s worth checking the correspondence you receive to make sure they haven’t moved and the contact numbers are correct.

12. (Added by Unusual Risks) Check the trustees on your absolute trust are still able to perform their duties and are still current. Although the beneficiary of the trust cannot be altered it is possible to add or change trustees. Unusual Risks have done this recently for a client, who needed to make amendments.

Unusual Risks are the UK’s leading financial advisers offering specialist advice on Life Insurance for the purpose of funding Cryonics.  

Formore information on Cryonics and Insurance in the UK you can contact Unusual Risks by phone on 0845 474 3075. Email atEnquiries@unusualrisks.co.ukor visit us online atwww.cryonicsinsurance.co.uk

Unusual Risks are the approved Insurance agents in the United Kingdom for both Alcor Life Extension Foundationwww.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

Funding Options For Cryonics … Including Latest Information … Lifetime Mortgages

Within our other businesses, we have found a number of existing clients asking us for “Lifetime Mortgages”, these along with Interest Only and Retirement Mortgages are becoming more popular, as people look for ways of funding beyond retirement age.

The more conventional ways of funding for Cryonics of course are through Whole of Life Assurance and payment in cash up front. The vast majority of Cryonics members that we have met are funding their membership agreements with Alcor Life Extension Foundation or Cryonics Institute via one of these options.

Whole of Life Assurance

This a Life Assurance plan that is designed to make a guaranteed payment on death, which is required by the Cryonics service providers to be written into an absolute trust. Most people take out Life Assurance as it is the cheapest long term solution for paying for Cryonics.

Cash Payment or Investment 

There is also a smaller group of people that are in the position to pay for their Cryonics services up front, which means they are secure in the knowledge that everything is taken care of.  This option is of course not open to everyone as funds have to be readily available now.

Payment Using Property

We have asked both Cryonics Institute and Alcor Life Extension Foundation about using property as payment recently.

The Cryonics Institute do not currently have anyone who is paying for services using property and have suggested that, funding using cash or life assurance is their preference.

Alcor Life Extension Foundation do have a scheme where property in theory could be used for funding, however, this is only intended as a supplement to their standard methods such as life insurance or prepayment and not for making complete payment.

Lifetime Mortgages 

There may be a fair proportion of Cryonics members who have money they would like to use for funding membership already in their residential property and would consider using this route to pay for their services up front.

Lifetime Mortgages allow someone over the age of 55 to release money from their property, without them having any Monthly payments. Effectively this would mean they would be able to pay cash up front for their Cryonics Services, without any monthly outlay.

Retirement Mortgages

Retirement Mortgages are similar to Lifetime Mortgages as they allow people 55 and over to withdraw Equity from their property, although the difference is that this type of mortgage, does have regular monthly interest payments and proof of regular pension income would be required.

Both Lifetime and Retirement Mortgages may be useful in offering an alternative Cryonics funding option for those with Equity in their properties, who may not be eligible for Life Insurance. This also may be useful for people more senior in age who want to secure their affairs by drawing equity and paying cash for their Cryonics services.

Contact us if you would like more information about Lifetime or Retirement Mortgages.

Unusual Risks are the UK’s leading financial advisers offering specialist advice on Life Insurance for the purpose of funding Cryonics. Their brand Unusual Mortgages offers advice on Lifetime and Retirement Mortgages.

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

Those in the United Kingdom wanting to know more about the subject of Cryonics should contact Cryonics UK at www.cryonics-uk.org 

CRYONICS INSURANCE SURVEY 2018 – LIFE INSURANCE and LIFE ASSURANCE

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

“A CHANCE TO LIVE FOREVER” … Cryonics and Life Insurance

On the 1st of May here in the UK. the morning television programme GMTV ran a short feature “A chance to live forever” and they interviewed the President of The Cryonics Institute Dennis Kowalski …

Little did Dennis know that prior to his interview the interviewers Piers Morgan and Susanna Reid had been making “Sport”, of the up coming piece using phrases, such as “weird”, “completely creepy” and the age old classic “Scam”! Maybe they were trying to grab some extras viewing ratings by once again sensationalising Cryonics?

Having been the victim of judgmental reporting in the past from the BBC on the subject of Cryonics, I was immediately concerned that this would once again turn into a one sided interview, satisfying only the needs off the press. I mean it was Piers Morgan interviewing Dennis, one of the worlds most formidable journalists, what possibly could go wrong?

Certainly Piers initial line of inquiry focused directly on the finances of The Cryonics Institute and he highlighted concerns that, huge amounts money was being made out of Cryonics as a “business”, This line of questioning was in a way a good thing, because of course it meant his researcher hadn’t really looked at the facts closely at all.

Dennis handled his question beautifully, pointing out that in fact that CI was in fact a non-profit organisation.

Dennis Kowalski, President of The Cryonics Institute .. “We are non profit organisation and we also open all our records up for public scrutiny, so you can tell how the money’s spent”.

The dynamics of the interview seemed to change at that moment, because Piers then allowed Dennis to explain his reasons for becoming a Cryonics member, which made very powerful viewing …

Quote from Dennis Kowalski, “I love life and I love my family, so I think it’s worth the opportunity to see if it will work” !

Dennis also continued to say, “How affordable Cryonics can be at $28,000 dollars, most people fund with life assurance”.

From what could of been a very sensational interview, with one of the worlds most controversial journalists, Dennis made an excellent job of normalising the subject of Cryonics. Piers was left with nothing to criticise, as he was left interviewing someone with loving intentions of looking after his family and was doing so with a non profit members organisation.

For once the British press reported the real story of Cryonics … here’s a link to the full interview for those who missed on GMTV last week.

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

 

  • Cryonics and Insurance

    Unusual Risks are independent insurance advisers who regularly offer independent financial advice to people looking for Whole of Life Assurance for the purpose of funding Cryonics.

    We have many existing UK clients for whom we have arranged Life Assurance or Life Insurance to run alongside their Cryonics Funding Agreement. We offer financial advice without fear of discrimination, attention to colour, creed, sexuality, health status or personal beliefs.

    Currently we have clients who are members of Cryonics UK, Alcor Life Extension Foundation and Cryonics Institute and have advised them on their insurance requirements for Cryopreservation Services.

  • New Cryonics Members

    We are experienced at arranging new Life Assurance policies for the purpose of funding Cryonics.

    Our financial advisers will not only assist you in finding the right insurance policy from the whole market for your requirements, but will help you to complete essential trust documentation free of charge.

    They will also help you to consider the effects of inflation on your future planning and select the most appropriate levels of insurance cover to meet your long term Cryonics needs.

  • Existing Cryonics Members

    We have experience of helping long standing Cryonics members assess their existing Life Insurance policies.

    Our financial advisers are able to help you to assess your current insurance resources and advise you on bridging any potential shortfall you may have in your current planning from the whole of the insurance market.

    We have expert knowledge that could help you to assess the effects of inflation on your existing policies and help you find solutions to meet your long term Cryonics needs.

    Please Note*

    Authorised and Regulated By The Financial Conduct Authority. Unusual Risks are Independent Insurance Advisers based In the United Kingdom. They offer financial advice to British Expatriates, who still own a property in the United Kingdom and maintain a UK Bank Account.

    Our Complaint Handling procedures are available on request. If you have reasons to raise a concern please contact us on 0845 474 3075 or by email enquiries@unusualrisks.co.uk

    If we are unable to resolve an issue to your satisfaction you may be able to refer the matter to the Financial Ombudsman Service. More information is available on request or by visiting www.financial-ombudsman.org.uk

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