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Armed Forces: Life Insurance

Volume 460: debated on Wednesday 9 May 2007

To ask the Secretary of State for Defence what the cost of the service personnel life insurance programme will be for 2007-08 and subsequent planned years; and under which budget this cost falls. (131093)

The projected cost of the Service Life Insurance (SLI) project for 2007-08 is £90,000. This sum covers salaries (until the project team disbands on 30 June 2007), consultancy and ‘bedding in’ costs following SLI launch in May 2007.

SLI attracts no cost in subsequent years as it is planned to be at nil cost. All SLI costs fall to the centre top level budget.