Section 100(2) in The Navy (Pay And Allowances) Regulations, 1966
(2)Admissibility and its conditions.-Flying pay at the above rates will be admissible subject to an additional life insurance cover against all risks fora minimum amount of Rupees Two Lakhs being taken by the concerned officer through Group Insurance (Naval) Scheme, Survival benefits to the officer under the above Insurance Scheme a admissible will also be payable on retirement release.
