Essential protection for your loved ones. “It gives our personnel the option to take out insurance...
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Transcript of Essential protection for your loved ones. “It gives our personnel the option to take out insurance...
Essential protection foryour loved ones
“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
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?
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?
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
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?
Automatic acceptance
War and CBRN Terrorism
Your monthly premium will
never increase
No medical required
What makes SLI different?
£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
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.
NO!
Should I Cancel SLI when I return from deployment?
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?
Same premium even for:
Air Crew
Special Forces
Bomb Disposal
Hazardous Sports
ON & OFF Duty
SLI Covers All
JPA
Payroll
DeductionNB. Reservists – Direct Debit Payments
Method of payment
On tour
After tour
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