Australian soldiers awaiting deployment to Afghanistan have been issued a letter from defence, advising of the need for “appropriate insurance”, the letter included a brochure from AIG offer cover costing up to $100 a month.
The defence force has been suggesting troops get extra insurance since 2007, but many Australian insurers were obviously not so interested in offer cover for high risk occupations.
Under legislation introduced in 2004, compensation for a partner of soldier killed in the line of duty was increased to a death benefit of up to $118,362 plus a widows pension for life or an aged-based lump sum of up to $507,967.
Get free Life Insurance quotes through Quotesonline
Your Life Insurance Quotes will come from a licensed Authorised Representative so you can compare products and features
Please note: Quotesonline Partners may offer you products from other insurers not listed above*The information provided by Quotesonline.com.au is indicative only and given in good faith by Quotesonline.com.au and our partners. All information is subject to change without notice.Please refer to Terms and Conditions of you insurance policy from the respective institution. Please also note Evitz “Quotesonline” does not have a Australian Financial Services License, but may gain commission from sales as a result of your insurance purchase. The information in this website is general in nature and may not be relevant to your individual circumstances. You should refrain from doing anything in reliance on this information without first obtaining suitable professional advice. You should obtain and consider a Product Disclosure Statement (PDS) before making any decision to acquire a product
