Obtaining life insurance as a serving member of the Armed Forces can be affected by your upcoming deployment status, role within the military as well as various personal factors.
As an active member of the Armed Forces obtaining life cover can prove slightly more difficult than the average civilian.
When applying for a policy, all of the standard elements will be taken into account.
However, depending on your upcoming deployment status your premiums could be increased (or loaded).
For example, if you’re currently deployed or are due to be deployed within the next 6 months, it’s highly likely you’ll be charged increased premiums for the first 2 years of your policy.
You may also incur loaded premiums depending on your role within the Armed Forces.
For example, premiums for those working in bomb disposal, diving and aviation-related roles tend to be higher due to the associated risks.
Once your life insurance has been arranged, the cover will protect you regardless of where you’re deployed and your policy is likely to include at war risks, meaning that if you were to die at war, the cover would still be valid.
All other terms of the life insurance cover won't differ to that of a civilian.
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