New insurer targets military members, families

Need for specialised cover for military prompted retired Army officer to set up company

New insurer targets military members, families

Insurance News

By Louie Bacani

A retired senior British Army officer has established a new insurance company that will cater to the members of the military and their families.
Military Mutual, which was set up by Major-General Sir Sebastian Roberts, aims to support people in the military facing financial hardships, Wiltshire Times reported.
According to the report, Roberts spent the past year listening to those from the armed forces and developing a service and product range that meets their needs.
Roberts recalled that during his time in the Army, some soldiers were called to court and had to put up with costs.
Roberts said he tried to create the company in the past with his brother, but finances prevented their idea bearing fruit.
“But then, six years ago, he returned to me and said that some other people were interested in the idea and that there was scope for it,” the Wiltshire Times quoted Roberts as saying.
“The more we looked, the more we realised there was not much specially designed support for the military and their families,” he added.
Roberts believes that compared to other companies, Military Mutual provides better deals since it is specifically designed for the military and their families.
“We’re delighted that we now have it up and running… we’re confident it will be a popular service,” Roberts told Wiltshire Times.
Military Mutual provides home and landlord cover, car insurance and mortgages. It also insures military kits and personal belongings of soldiers.

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