Service Life : Service Life Insurance

Product profile

Description

• Provides a cash benefit if you die or are diagnosed with a terminal illness during the term of the contract.

• It does not have a surrender value at any time  

For

• Full time and reserve service personnel and their families

• Aged 18 to 54

• Anywhere in the world

Maximum amount payable

• £200,000

Period of cover

• Minimum one year

• Maximum 25 years

• Cover ends at age 65

Benefits

• You choose the amount

• Level benefit basis

• Life cover

• Terminal illness

• Guaranteed premium

• Guaranteed Automatic Acceptance

• No War Exclusion

• No Terrorism Exclusion

• No exclusion Chemical, Biological, Radiological or Nuclear attack 

• No extra premiums for any military jobs, even if they include members of a bomb disposal or Special Forces unit.

• New members accepted, even if they are on operations or under orders to deploy

• No medical underwriting

• Includes all service-recognised hazardous sports.

Not covered

• Pre-existing conditions