Absolute Military has launched a personal accident policy for military personnel and their families.
The specialist military insurance broker’s new cover offers risk based pricing and the ability to flex cover.
Johnny Timpson, non-executive chairman of Absolute Military, (pictured) said: “We are determined to improve choice and value, offer highly competitive pricing, and most importantly, further support military personnel and families by providing access to financial wellbeing tools and education through our team and partners MoneyHelper and Turn2Us
“Our underwriting partners at Healix Insurance have been outstanding in providing their support”.
Phil Denman, managing director of Healix Insurance, said the proposition made it “a natural fit for our new MGA business” and added the firm was “excited about further initiatives planned for launch over the next few months”.
Steve Anderson, managing director of Absolute Military, added: “I have been determined to bring to market a policy that fairly balances the risks being faced by military personnel and the cost of offering such cover.
“The cost of living crisis and the regulator’s expectations on providing and demonstrating fair value has been core to our thinking and we are delighted with the outcome”.
