When you buy a policy it is prudent that you find out the total insurance cost. If you have this information, you can make an informed decision about the affordability of the policy.
We are lucky to have the NHS here in the UK and private medical insurance does not replace it. If you can afford it, then why not get yourself ahead of the queue. Take yourself out of the NHS system and free up the appointments for those people who cannot afford any alternative.
Perhaps your decision to look at individual health insurance is due to the medical history of a family member or recent medical experiences of close friends. Whatever has made you decide to consider private health insurance, it is essential that you find the right policy from the start.
If you have ever had insurance of any type you are probably used to seeing an increase in premium each year. Whether it is house insurance, travel insurance or motor insurance, it is very rarely that we receive a renewal offer where the premium has gone down. So why do health insurance premiums increase? Health Insurance is no different to any other policy and there are a number of factors that contribute to the increase in premium. Increase due to age Every year we get older. That is a simple fact of life and unfortunately as we get older the…
If you want to know how much it would cost to buy a private medical insurance policy in the UK we hope the following information will help you. Finding out the medical insurance cost for an individual policy is a simple process. 1: The amount you pay as a consumer will depend on your age. 2: Your premiums as a consumer will depend on where you live. 3: Premiums you pay as a consumer will depend on the benefits you choose. 4: Your health insurance premiums would reduce if you add an excess to your policy. 5: The cost of…
To help you find the best policy for you and your family, we have listed five common questions and answers. We hope will help you when you buy a personal health insurance policy
The above gives you a good guideline of self-funding treatment costs and as you can see, it doesn’t come cheap. This is without looking at the costs of more serious and life threatening conditions. Just imagine the costs for covering heart, cancer and mental health conditions. The self-funding method can soon become unachievable for many people.
The cost of your Insurance will vary depending on your age, where you live and your claims and medical history. I adamantly believe that the value of a cup of coffee has no comparison to the peace of mind I have from knowing that I have great Health Insurance in place. I know I can rapidly access medical treatment should the worst happen and at a lesser cost than a daily cappuccino. From a personal perspective I know which luxury is more important to me.