PAX Life Insurance
Life insurance is an effective way of providing financial security for you and your family.
•PAX Life Insurance has been specifically designed for members or ex members of the HM Armed Forces and their families.
•It is the only MOD-facilitated term life insurance scheme and premiums can be deducted direct from a serviceman or woman’s pay.
•It offers guaranteed acceptance for British armed forces personnel up to the age of 50. Those who are over 50, and partners or spouses who are not in the forces, will need to answer a few simple questions about their health and lifestyle, but an immediate decision will be provided after the questions have been answered.
•To take account of death in service benefits, partners or spouses can insure themselves for higher amounts. They have a separate policy, which means it can continue in the event of separation or divorce.
•There are no loading fees for specialist trades, such as air crew, and it is available even if someone is on or about to deploy on operations.
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