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All Abacus Policies Include Occupiers Liability of £20,000 from 1st August 2011. Bookmark and Share
29Sep2011

All Abacus Policies Include Occupiers Liability of £20,000 from 1st August 2011.

Abacus have also extended this cover, from 1st August 2011, to all personnel who already have existing military kit insurance with Abacus and includes all officer cadet, recruit, Multichoice and Firstchoice policyholders. Even if your current policy for any of the above shows a sum lower than £20,000 Abacus confirm that the cover has been increased to £20,000.

Why is this important?

If you occupy Service Family Accommodation be it either SFA or SSFA you will have signed an agreement when you moved into the property called a Service Licence to Occupy Service Family Accommodation (known as a Licence to Occupy). Due to this, you are not classed as a tenant.

Within the Licence to Occupy there is a clause that states that you are liable for damage up to at least the sum advised currently by the MOD, which from 1st August 2011 is set at £20,000. Because you occupy the property under this agreement and are not classed as a tenant, standard home insurance policies do not cover your liability.

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