Mortage protection
PAX Plus is a reasonable deal and unlike most insurance policies, does not have a 'military exclusion clause'. Interestingly, loss of life due to enemy action is not the only exclusion - death whilst engaged in 'military activities' is frequently included - and when I have pressed this issue with an insurer, they included death in an RTA (I suggested in a staff car on the M4 and the company - a reputable firm - said yes).
Income protection is of very limited value to service personnel, and in my case I recently took out an eye-watering mortgage and decided the extra £50 per month was not worth it. If I was to die or to become VSI, pay (or equivalent) would continue for sufficent time to allow my finances to be sorted. The RAF Benevolent Fund are also known to be helpful in sorting out mortgage assistance. I suggest that if you take out PAX insurance you regularly review the number of units that you buy.
CF