What is Private Medical Insurance?

Private Medical Insurance (PMI) is insurance designed to cover the cost of private health care treatment. Medical insurance policies cover a range of medical conditions. Medical insurance policies enable you to have a faster diagnosis with quicker access to medical treatment should you need it.

How does Private Medical Insurance work?

Private medical insurance pays for private medical treatment, tests and surgery if you are ill or injured during the policy’s term. You usually pay a monthly amount for your health insurance which is called the premium. With medical insurance you could get:

• Reduced waiting times by getting faster access to private diagnosis and specialist referrals.
• A choice of where you get treatment. • You can use your cover to pay for scans you want.
• Quick and convenient appointments to suit your schedule.

We offer products based on an analysis of a number of private medical insurers, paying more for your medical insurance does not necessarily mean better. We can help you find the best options available for you by comparing quotes across providers.

How do I pay for private medical insurance?

You will usually pay a monthly amount for your income protection insurance which is called a premium. You must continue to pay your premiums, if you do not your policy will expire and you will not be covered. These policies are annually renewable and are taken for periods of 12 months at a time.

Do I need Private Medical Insurance?

The NHS do an amazing job but there is often a long waiting list to use their services. And if you or your family became ill, would you be happy to wait for NHS treatment? Or would you want access to quicker treatment? Knowing your family has access to the fastest and best treatment possible will bring you peace of mind. Our expert advisors will take the time to understand what you need and help you decide the best option to suit your needs. Get in touch to find out more.