Which is the least likely group to buy insurance? Twenty-five-year-olds on a stag weekend in Barcelona? Nineteen-year-olds recklessly driving without cover? No, it’s the LGBT community, according to Steve Wardlaw, head of innovative new insurer, Emerald Life. “There is a massive distrust of insurers in the community,” he says, adding that they are 50% more likely to have no insurance at all. “A lot still think they won’t get cover, especially life insurance, if they are gay. They feel so disenfranchised, they don’t bother.”
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