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by familymwr

Do You Have Enough Army Kit Insurance?

Oliver, a 23-year-old soldier was outraged when he realized how much he would have to part with in order to replace kit that had been damaged during routine training exercises.  “There was no way I could afford to replace the army kit and feed my family”.  Luckily, Oliver had extensive army kit insurance.

When you are out in the field, the last thing you want to worry about is the cost of replacing costly army kit.  Insurance companies are starting to understand the value of a comprehensive insurance plan for soldiers and military personnel who are forced to sign for responsibility for costly equipment they cannot afford to replace.  This is where a good insurance plan can give immense peace of mind.

Standard issue army kits around the world

There are some common elements to the different army kits around the world; they are all a mixture of costly equipment to keep you safe.  Weapons, bulletproof clothing and even survival basics are all items that can be an expensive ordeal to replace. 

Standard issue army kits can cost hundreds or even thousands of dollars and considering the high-risk situations you might find yourself in, it can be exceptionally difficult to go your entire army career without having to replace various items in your army kit.  Insurance is often seen as an optional extra, but in truth, the potential long run savings outweigh the small monthly costs to keep your army insurance up to date. 

There are many other kinds of insurance plans that are essential for a soldier on active duty.  There is little argument about the importance of a good life insurance plan.  Because of the high risk factor in general army life, you will need an insurance plan that pays out generously.  You will need to work out your monthly budget carefully before adding any extra insurance to your expenses.  Once you have calculated what you can comfortably afford, make an appointment for a free consultation with a reputable insurance company.

Insurance scams are rife, and nothing can be worse than forking out a substantial sum every month, only to find that due to small print, there is little or no real coverage when you need it most. Spot insurance scams by paying careful attention to the attitude of the insurance agent.  If you are feeling great pressure to sign off quickly, it’s likely that something is amiss. 

About Abacus insurance:

Abacus insurance has been providing comprehensive military kit insurance since 1988.  We take military insurance seriously and aim to provide the best military kit insurance, and military life insurance plans to suit your needs.  If you have any needs specific to army insurance, abacus has you covered!  It was thanks to the comprehensive insurance plan from Abacus; Oliver was able to replace his army kit immediately.

You are a good husband, father and son to the different people in your life, it’s time to be a good soldier and organize a comprehensive army kit insurance plan for yourself.

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by familymwr

Army Kit and Military Insurance

Abacus have been providing first class Army Kit Insurance for serving personnel for many years and we know what it takes to give the right kit insurance to each individual soldier.

 When you get your kit you will be responsible for it. You will have to make sure that it is never lost or damaged or you could be forced to pay thousands in costs. This is why you need an excellent deal on your Army Kit Insurance and why you can trust Abacus to provide it to you.

 Some of the key benefits that you will discover when you take out kit insurance with us are:

1)        1.         A great piece of mind as you will be able to concentrate on the job at hand and not worry about expenses. This can make you more focused and allow you to be safer and more secure in your daily activities when out in the field. This is one of the major benefits that choosing Abacus to provide your army kit insurance provides.

2)        2.         The coverage for our kit insurance policies means that you will be covered wherever you are in the world. No matter where you get deployed or when, the coverage of all your kit is taken care of.

3)        3.         You can get accidental coverage options to cover you if any accidents happen in your living quarters or other accommodation.  There is no need to worry if an accident occurs, your kit insurance will cover it. We can also provide cover for your household contents, so you are truly covered for all aspects of your living arrangements.

4)        4.         The option of 3rd party coverage means that under your army kit insurance policy, if anything happens to somebody else or their property then you will not have bills to face or liability claims to deal with. Abacus will be able to deal with all aspects of 3rd party coverage details.

5)        5.         Your kit insurance can include some specific items. These could be things like money, credit cards or your bicycle. We will provide coverage so that if anything happens you will be able to recover quickly.

6)        6.         We will pay to replace any item of your kit that is lost wherever you are in the world and we will also pay to replace each and every item that is damaged in your kit. Wherever you are in the world Abacus can provide excellent coverage for all your kit needs, all of which are covered under our army kit insurance policies.

7)        7.         The payment is monthly and there are no fees to set up. The army kit insurance works for you as and when you need it, and we will always be there to lend a helping hand.

There are many reasons why you should trust Abacus when it comes to buying kit insurance. We have dedicated professionals located near each and every base and they are always friendly and understanding to the needs of serving members of the armed forces. There are also 24/7 dedicated support help-lines, so you will be able to get advice when and as you need it. Choosing Abacus to provide your army kit insurance army kit insurance is one of the best decisions you can make, we look after all of our customers and we give the best level of service possible, so you can live your life and not worry about the expense of serving your country.

Quick review of a great mess kit
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by familymwr

Three Important Factors to Consider When Shopping for Army Kit Insurance

An ever increasing number of military servicemen and officers are taking up army kit insurance cover. Before the advent of such army kit insurance cover, military life for many soldiers was fraught with unspoken anxiety, as one had to live with the knowledge of the fact that they were fully responsible for their army kit, and would have to pay for it were it to get lost or damaged in one way or another. This was an anxiety-inducing thought, as the cost of army kit can be rather high, often running into thousands of pounds (think several months’ pay) for the whole kit.

            Then came army kit insurance. By taking up such army kit insurance, a soldier can live with the peace of mind of knowing that they are covered (at least financially speaking) in the event of their losing their army kit in one way or another. Army kit insurance is one of the specialized military insurance products, alongside military life insurance and personal accident insurance cover (also referred to as pa insurance) which were greeted with the most enthusiasm by both servicemen and officers in all branches of the military. The enthusiasm with which military insurance products like military life insurance like army kit insurance and pa insurance covers were met with led to the growth of specialized military insurance providers like Abacus, which was among the pioneers. Today, as more and more companies offering military insurance products spring up, many soldiers are finding themselves spoilt for choice on which provider to opt for, and what criteria to use in sorting through the various products on offer, as they all look so similar. Here then are three important factors to consider, when you are shopping for army kit insurance.

1.      The cost structure of the cover: Taking any form of insurance cover is seen as a serious financial commitment, and military insurance is no exception. You need to carefully consider the cost of the army kit insurance cover you are taking, and see how that fits into your overall budget. You also need to ensure that the premiums you pay for your army kit insurance cover compare favorably with the benefits you stand to get in the event of your losing or having your army kit damaged. Of course, don’t approach your army kit insurance cover shopping with cost as the only shopping criteria as such an approach often blinds you to other important factors. Simply put, the cheapest is not always the best, though cost is still an important consideration. In looking at the cost, you will also need to consider other elements that are not explicitly mentioned, like annual fees for example. Some army kit insurance providers charge such fees (in addition to the normal premiums) whereas others don’t charge such fees. You need to look at such fees as implicit costs, as they still have to be paid for ultimately.

2.       The benefit-structure of the cover: Alongside the cost structure of the army kit insurance product you are considering taking up, you also need to consider its benefit-structure. This often involves combing through the fine print carefully, looking for catches. Some of the questions you might ask include whether the army kit insurance cover only covers for lost army kit – or whether it also includes damaged military kit for example. You might also want to know whether the army kit insurance comes with worldwide coverage – or whether the coverage is only local (keeping in mind the ever-present possibility of being called up overseas duty).

3.      The product provider: You also need to carefully examine (and compare) military insurance providers providing army kit insurance before committing yourself to one. Some of the things to look at in an army kit insurance provider include their experience (you might, for example consider going for an experienced army kit insurance provider like Abacus, or opt for the relatively newer, less experienced providers), the track record of the army kit insurance provider, and of course the financial stability of the insurance provider you are considering committing yourself to. You might also consider looking at what other products (besides army kit insurance) they offer, and how these other products might appeal to you. As it were, it is often better to get all your military insurance products from one insurer, as they often given great ‘discounts’ for multiple purchases. A company like Abacus for example, offers army kit insurance at greatly reduced rates if it taken alongside personal accident insurance (pa insurance) cover.

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