3 simple ways to save yourself some money

You might be spending more than you need.

If you're a member of a Federation Group Insurance Scheme and you're paying for separate travel insurance, breakdown cover or critical illness cover elsewhere, you might be spending more than you need by duplicating your cover.

1. Federation group schemes

As a group insurance scheme member, you could already be covered for a number of things, which might include:

  • Travel insurance
  • Life insurance
  • Critical illness cover
  • Personal accident insurance
  • Home emergency cover
  • Half/nil sick pay cover
  • Legal expenses
  • Breakdown cover
  • Mobile phone cover

Every force scheme is different, so it's important to check what's included with yours. If you're paying for any of these separately, it's worth checking if you're already covered under the scheme - you could save yourself some money.  

As with all insurance, remember to read the terms and conditions of any policy carefully so you know exactly what's covered and what isn't.

As well as the Federation, it's worth checking if you've already got cover through the following:

2. Bank accounts

Some bank accounts come with free extras such as basic travel insurance. If you're going away, check with your bank if you're already covered before you buy separate travel insurance.  

3. New car

If you've recently bought a new car, it might come with breakdown cover included as part of your deal, as some manufacturers offer free cover for a limited time after you've bought your vehicle.