THE Prime Minister has praised the progress being made by the Armed Forces Covenant team in relation to insurance services.
Following a meeting held at Number 10 last month (January), David Cameron endorsed recommendations on the subject of motor insurance and how the sector copes with the Forces lifestyle.
Graeme Trudgill, on behalf of the British Insurance Brokers’ Association, said: “We recognise that not all insurers are able to provide the necessary features required for Forces personnel and we offer our services to signpost customers to specialist brokers who are able to provide solutions with appropriate terms and the right level of cover.”
BIBA has also suggested that all motor insurance companies could be more flexible when Service personnel are posted overseas by allowing their UK policies to be cancelled at pro-rata cost and by permitting any no claims discount earned to be kept live for up to three years, if not being used whilst the policyholder is posted overseas.
AFF’s view
High on AFF’s agenda is raising awareness of the Armed Forces Covenant, both to businesses and to families, and making sure that improved support and increased recognition continue to filter through.
To find out more about the Armed Forces Covenant, visit www.aff.org.uk/armedforcescovenant