Oral question asked in the House of Lords, by Earl Attlee (Conservative). It was answered on Tuesday, 13 November 2007.

Armed Forces: Insurance Premiums

Question: My Lords, if an insurance company seeks unilaterally to change the terms of a life insurance policy of a serviceman deployed on operations to avoid paying out for death or injuries, will that change have effect and is it fair, because that is precisely what happened to me when I was deployed on Op TELIC in March 2003?

Answer: My Lords, I am afraid that I do not know the details of the situation in which the noble Earl found himself. Obviously, insurance companies that provide extra insurance will review their premiums from time to time. Perhaps the noble Earl is thinking of the PAX company, which raised its premiums once in 2003 and is discussing further increases. Those are subject to negotiation, but I am afraid that I cannot comment on any individual case.

Secondary information

Type: Oral question
Reference: 696 c344-5
Session: 2007-08
Oral question type: Supplementary
Chamber / Committee: House of Lords chamber
Subjects: Armed forces Costs Iraq Peacekeeping operations Life insurance Afghanistan
Link: View this Oral question on www.publications.parliament.uk