Armed Forces – the Nations’ All-Risk Insurance policy

Attending the incredibly moving Armistice Day Ceremony at Lloyds on Thursday (the insurance chaps, not the bankers…) got me thinking. Please take a look at the iPhone footage I took of this amazing event (about eight minutes long, including the Silence), in which the famous Lutine Bell is rung, and all trading stops.

A company cannot trade or prosper without insurance. The same is true of a country; for which the money it spends on defence is its ultimate insurance premium - and UK's Armed Forces provide remarkable value for money, but not if the premiums are reduced as planned. London's Lloyds, the world's leading insurance market, honours Britain's Armed Forces every Armistice Day, an acknowledgment of the price and value of security.

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