Annual research into the insurance needs of gay men and women, by gay protection specialist IFA Compass, has for the first time focused on critical illness (CI) cover, instead of life insurance.
The research shows the average policy being taken out by the Gay & Lesbian community is £182,477.
Compass said this was surprising, considering the average Life Assurance policy taken by the gay community had risen to £242,578 in the Gay Life Assurance Survey 2012.
The survey also established only 19% of Gay & Lesbian insurance applicants are taking out CI cover, lower than the 22% figure from back in 2011.
Chris Morgan the Marketing Manager at Compass Mortgage and Insurance Services, said: "We were very surprised that the average Critical Illness policy is so low in comparison to Gay Life Assurance surveys in previous years.
"We hope that by highlighting this research we can encourage more people within the Gay & Lesbian community to protect themselves against the financial effects of serious Illness. CI cover is particularly cost effective when considered alongside mortgage life assurance."
Compass is also a specialist at finding mortgages and life assurance for people living with HIV, without unnecessary personal questions and blood testing.