Life Insurance for someone in the Armed Forces

dbh27

Hi all,

Long time reading, first time poster!

I am wondering if anyone on here specialises in brokering Life Insurance for Armed Forces personnel. I am also looking for "own occupation" Income Protection. I know that both are quite hard to come by for someone in the Armed Forces. I am also aircrew so that makes things even more difficult.

If anyone has any contacts I would be more than grateful, or any advice on where to go. I have tried the usual avenues of the forces discount website to see who is advertising on there, most do not cover any sort of Income Protection and quotes for Life Insurance seem to vary wildly from quote to quote.

Thank you in advance!

Dan

kingstreet

I'd contact an IFA for this. Income protection on a purely "own occupation" basis tends to be offered by specialist firms. The more general insurers offer OO to white-collar workers, but their systems automatically bump others down to "work tasks" or similar.

While the IFS is doing that, they can also be looking at the best/cheapest life cover too...

dacouch

Have you looked at the PAX cover?

Further to Kingstreets advice, look for an IFA near a military base as they will be used to the needs of HMF.

Might be worth posting your question on this MSE thread as well which is dedicated to HMF.

http://forums.moneysavingexpert.com/forumdisplay.php?f=153

Keep up the good work

stephenni1971

kingstreet wrote: »

I'd contact an IFA for this. Income protection on a purely "own occupation" basis tends to be offered by specialist firms. The more general insurers offer OO to white-collar workers, but their systems automatically bump others down to "work tasks" or similar.

While the IFS is doing that, they can also be looking at the best/cheapest life cover too...

King street, I'm. A forces specialist and IP is not available in any form. Due to fact they have much higher likelihood of career threatening injury and their normal career is only to age 40/55 in some cases.

kingstreet

TBH I expected that, but I didn't want to say for definite that cover wouldn't be possible, just in case there was any small chance.