Unfortunately in life you can’t always guarantee to be there for the people who depend on you most. Therefore if you are a Reservist, a serving member of the Army, Royal Navy or Royal Air Force it’s right to have the best life insurance available to protect your loved ones.

How much should I be insured for?

This product could be for you if you want to leave a fixed lump sum if you were to die while the policy is in force. The amount you choose to be insured for can be anything up to £200,000. This amount should be based on the amount you need to help ensure your loved ones are financially secure if you die. It is your decision whether or not to take out this insurance.

Why SLI365
life insurance
is a good choice

SLI365 has been designed specifically to provide the cover to suit the unique lifestyle of the Regulars or Reserves of HM Forces. It is the only life insurance policy that is available under contract with the MOD. It ensures you will be automatically covered whilst on active military duties - home or abroad. And even if you decide to leave HM Forces, SLI365 will continue to cover you for the same monthly premium.

Important information about our military life insurance policy:

  • Cover up to £200,000 for between 5 and 25 years – you decide.
  • One off cash lump sum – free of personal liability to income and capital gains tax – will be paid out to your beneficiary if you die during the duration of the policy.
  • Monthly payments stay the same throughout the policy life.
  • The lump sum paid will remain the same throughout the duration of the policy.
  • If you are diagnosed with a terminal illness* your cover will still be paid out.
  • 24/7 worldwide cover against the risk of war and terrorism.
  • All specialist trades covered at no extra cost.
  • Acceptance a certainty (for those aged 18-45) with no lengthy questionnaire.
  • You choose the amount of cover and how long you need it for, paying a set amount each month (deductible from your JPA payroll).
  • If you leave HM Forces during the duration of the policy the cover will still apply.**
  • The cash sum is fixed, so inflation will reduce what can be bought in the future.
  • The policy has no cash-in value at any time. If you cancel your policy at any time you will not get your money back.

*benefit will not be paid for any terminal illness diagnosed less than 12 months before a policy ends.

**cover for war and terrorism will no longer apply.


Click here to begin your application. The whole process is quick as there is no detailed medical questionnaire to complete.

Terms and conditions apply. Full details can be found via Key Facts or Policy Wording.


Click here to get your Quick Quote
and begin your application.

Terms and conditions apply. Full details can be found via Key Facts or Policy Wording.

© 2018 Covéa Life Limited.
Covéa Life Limited, 50 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JX, is a private company limited by shares incorporated in England under registered number 911235. Its registered office is Norman Place, Reading, Berkshire, RG1 8DA. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Its Financial Services
Register No. is 202178. You can check this on the Financial Services Register by visiting the FCA website www.fca.org.uk

You have the right to refer a complaint about the services we provide to the Financial Ombudsman Service. If you wish to find out more information you may contact them at Exchange Tower, London E14 9SR; Telephone: 0800 023 4567 or 0300 123 9 123. Web: www.financial-ombudsman.org.uk/consumer/complaints.htm. Email: complaint.info@financial-ombudsman.org.uk

You can also register a complaint with the European Union’s Online Dispute Resolution platform (or ODR). Their website is http://ec.europa.eu/consumers/odr/. The ODR will simply pass your complaint to the Financial Ombudsman Service.