British Armed Forces exercising at sea

It has long been recognised that the British Armed Forces have difficulty in securing fair insurance cover for their homes, cars, families and possessions. Because of the frequent moves they make and time served out of the UK, cancellation fees, rebates and no claims discounts all conspire to increase the cost of insurance policies.

Now the British Insurance Brokers Association (BIBA) has agreed to work with the Ministry of Defence (MOD) to point servicemen and women in the direction of brokers who specialise in cover for military personnel. With many insurers also making commitments on waiving cancellation fees and maintaining no claims discounts, accessing suitable insurance for the armed forces is now much more straightforward.

Graeme Trudgill, Executive Director at BIBA said: “We are delighted to be able to provide some additional flexibility to members of our Armed Forces who have not always found it easy to arrange suitable insurance cover to protect themselves or their property.  It is particularly pleasing that many insurance brokers are now providing a solution that will make a difference to the members of our Services.”

Keith Frampton of BIBA member Forces Insurance Limited added: “The insurance needs of the military have been discussed at the highest level.  In addition to the commitment to the MoD on cancellation fees and no claim discounts, we and a number of other BIBA members, can supply policies specifically tailored to serving members of the Armed Forces including ‘laid up’ motor cover when personnel are on deployment; full motor or home cover when ‘on base’; business driving use to enable personnel to visit more than one military base for duty purposes; and providing cover when personnel are based overseas.”

Defence Secretary Michael Fallon said: “When our Armed Forces are posted overseas to protect our country they can lose out from the discounts the rest of us take for granted.  This is a welcome move from the leading insurers to help them get a fair deal.  I look forward to further pledges from businesses to support the Armed Forces Covenant.”

Trudgill concluded: “The insurance needs of the Armed Forces can be quite complex and require special treatment which is why it is important for military personnel to speak to an insurance broker who really understands their requirements.”


If you are looking for specialist British Armed Forces insurance cover talk to Asprey Harris Insurance Consultants on 01494 77 37 77 or click here to send us an email.


The photograph is used under the Open Government Licence v3.0.