Essential protection for your loved ones. “It gives our personnel the option to take out insurance...

16
Essential protection for your loved ones

Transcript of Essential protection for your loved ones. “It gives our personnel the option to take out insurance...

Page 1: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Essential protection foryour loved ones

Page 2: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

“It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of what they do. Cover is available to each and every serviceman or woman across every unit, ship and regiment at every stage of their career”

Armed Forces Minister – BBC News, May 2007

PROVIDER OF BESPOKE SERVICE LIFE INSURANCE CONTRACT

Unique cover at an affordable price:

Sterling Life Limited as provider of Service Life Insurance to members of HM Armed Forces

SLI pays independently of MOD

Page 3: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Unique cover at an

affordable price

Up to £200,000 life cover – means a lump sum and

peace of mind for your loved one

Acceptance a certainty – no lengthy questionnaire

Monthly premium – will stay fixed throughout your policy

Terminal illness cover – automatically included at no

extra cost

War and terrorism cover – for Regulars and Reserves

JPA Payroll deduction – monthly premium

Why SLI?

Page 4: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Mum

Dad

Partner

Son

Essential protection for your loved ones

Daughter

Sister

Brother

Anyone of

your choice!

On death or terminal illness –Who will benefit?

Page 5: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Die on active military duty

Die from natural causes, e.g.

cancer, heart attack and stroke

Someone dies from a heart attack

every six minutes – that's 10

people every hour

SLI

Page 6: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Age 18 – Under 45

Regulars or Reserves in

HM Armed Forces

Over 45s (see page 6 of the

brochure or visit website

for details)

Who can apply?

Page 7: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Automatic acceptance

War and CBRN Terrorism

Your monthly premium will

never increase

No medical required

What makes SLI different?

Page 8: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

£100,00029 year old

Smoker £11.87*

per month

£100,000

29 year old

Non-smoker

£9.27*

per month

£60,00025 year oldNon-smoker £5.56* per month

Less than 19 pence per day

SLI is Value for Money (10 year term)

* Examples shown exclude £1.50 policy fee

Page 9: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

18 to 30 Years get the Best Deal

5 Year Term 100K-£9.27 per month

10 Year Term £100K-£9.27 per month

15 Year Term £100K-£9.76 per month

Examples based on £100K Life Cover

for Male Non-Smoker and excludes the

£1.50 Policy Fee.

Page 10: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

NO!

Should I Cancel SLI when I return from deployment?

Page 11: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

When you leave the Armed Forces SLI

can continue

Reasons to keep cover:

a) Re-deployment

b) Can’t re-apply for 3 years

c) May cost more as you get older

d) More than half of deaths are peace

time accidents or natural causes

Why Not?

Page 12: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

Same premium even for:

Air Crew

Special Forces

Bomb Disposal

Hazardous Sports

ON & OFF Duty

SLI Covers All

Page 13: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

JPA

Payroll

DeductionNB. Reservists – Direct Debit Payments

Method of payment

Page 14: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

On tour

Page 15: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

After tour

Page 16: Essential protection for your loved ones. “It gives our personnel the option to take out insurance that is tailor-made to reflect the unique nature of.

What makes SLI different from

other insurers:

Automatic Acceptance

Monthly Premium will never increase

JPA Payroll Deduction

Worldwide protection, including war

and terrorism:

24 hours a day/365 days a year

On and Off duty

SLI Summary

SLI 02/04/12