Financial services Covenant support for Regulars and Reserves

The Armed Forces Covenant means you can get advice tailored to your financial needs.

You could get advice on how to access mortgages, credit cards and other financial products from providers that understand service life.

Financial Services top tips offers advice on how to overcome common difficulties you may face in acquiring credit, for example, as part of the armed forces mobile population.

When you are posted overseas, you can avoid paying motor insurance cancellation fees and can protect your no claim bonus for up to 3 years. The Association of British Insurers tells you what you need to do and gives you a list of participating insurers; Armed forces | Motor insurance | ABI.

Calculate your armed forces pension or get independent pension advice from the Forces Pension Society.

Understand if you are eligible for compensation. If you have been seriously injured as a result of service, you may entitled to the Armed Forces Independence Payment. 

The Defence Discount Service offers online and high street discounts to members of the defence community. Businesses and local authorities can sign up for free and offer a discount for the armed forces community. The Armed Forces Railcard also offers you up to 1/3 off rail fares.

Know what financial support Reserves can get.

Details of your armed forces pension scheme.