Kit insurance etc for ops

Discussion in 'Finance, Property, Law' started by FNUSNU, May 22, 2007.

Welcome to the Army Rumour Service, ARRSE

The UK's largest and busiest UNofficial military website.

The heart of the site is the forum area, including:

  1. I've posted on this forum before about life insurance and though it would be a good idea to have something about kit and accident insurance on here too. There are a lot of companies who wont pay out if they deem an incident was an act of war, wether war was declared or not, which isn't very good for people ourselves when we are supposed to be on 'Peace Support Operations'
    So if anyone on here knows of decent cover we can get without stupid exclusions please reply, or if you know of a company with exclusions we should know about please post that too so we can do something about it.
    (I'm about to change my insurance as it wont cover me properly in Iraq).
     
  2. I've spoke to some insurers who have told me that the MoD (although they don't like admitting it) will pay out for service people's damaged/destroyed kit that is excluded by your insurer under a 'war risk clause' (or what ever they call it) on your policy.
    Does anyone know of this or have a reference?
     
  3. For kit insurance i have been told that you can buy it in Millets and someone i know works for AXA insurance and he has mentioned that they also do it. worth enquiring.
     
  4. FNUSNU

    You have been given correct information, the MoD Compensation for Lost and Damaged Personal Effects scheme (JSP 752 Chap 10 Sect 4) aims to provide:

    "Compensation for Lost and Damaged Personal Effects is to compensate a Service person for articles lost, destroyed or damaged resulting from the exigencies of the Service, and relate only to one-off payments for which the MOD is not otherwise liable (ie ex gratia payments)."


    Link to the full details of the scheme – it can take time to download
    http://www.army.mod.uk/linkedfiles/servingsoldier/condofserv/mm/allowances/ss_cos_mm_all_army/jsp752ver6.doc - ch10_section4

    As the majority of general insurer's policies carry exclusions for consequences resulting directly or indirectly from war and hostilities this provision ensures your kit is covered whilst carrying out your duty, where compensation for loss or damage is not provided by the insurance the MoD advises personnel to take out, as set out below:

    "Except to the extent permissible under paragraphs 10.0403 and 10.0413, compensation will not be paid for any loss or damage which arises from the ordinary risks of civil life, such as fire, theft, loss in transit, etc. The fact that these risks arise during Service life does not mean that they arise from the exigencies of the Service or are uninsurable risks. Service personnel are therefore advised to protect themselves by taking out insurance against loss for which compensation cannot be granted in full or in part from public funds."

    However Forces Financial, along with a number of other military insurers we believe, have taken the view that their specialist Kit and Contents insurance should ensure that your kit is fully protected whilst you are operating in hostile locations. This means that our policy will continue to provide cover for fire, theft and accidental damage etc, as long as any loss is not as a direct result of hostile action or whilst you are on patrol. For these cases the MoD scheme is there to provide reimbursement and should be the first port of call for claims arising in such circumstances. By this action Forces Financial are able to ensure that your kit and possessions are insured at all times whilst maintaining premiums at levels that are affordable and represent good value for all.


    Forces Financial is a trading name of Stuart Harvey Insurance Brokers Limited who is authorised and regulated by the Financial Services Authority. Registration number 301858. Registered Office: Globe House, 24 Turret Lane, Ipswich, Suffolk, IP4 1DL
     
  5. So basically if our kit gets blown up while i am asleep in my shell scrape I am insured, but if i get contacted while on patrol it is not. Yes or No?????

    If yes then it might be time to withdraw my insurance as it seems to be very mis-sold and not worth while. As my kit is most likly to get damaged while in a contact situation.
     
  6. JonF

    It’s worth remembering that statistics indicate that the majority of kit claims arise from day to day damage and loss in the course of duty around the world – not as a direct result of the type of hostilities you describe. Without a personal kit insurance policy you will not be covered against these more frequent incidents.

    Our understanding is that the MoD Scheme would cover both instances you describe here.

    Forces Financial is a trading name of Stuart Harvey Insurance Brokers Limited who is authorised and regulated by the Financial Services Authority. Registration number 301858. Registered Office: Globe House, 24 Turret Lane, Ipswich, Suffolk, IP4 1DL
     
  7. i use towergate wilson, most people i know also use them, never had any problems as yet, any one got any further views on them??