Is there any small print I
should be aware of?
- Unfortunately, yes. Private
healthcare products can be complicated, more so when looking
at all the plans available. Independent brokers like Cannon
Healthcare can search the whole of the market and recommend the
best plan for you.
Can I
change if I have claimed on my PMI in the past?
- Yes. PMI
plans are yearly contracts so should be looked at regularly to
maintain good value. If changing from your current PMI provider
you can often switch on "no worse underwriting" so anything
covered by your current provider will be covered with the new
provider .
Will I need health examinations to join a scheme?
- No, not necessarily but this is an area where independent advice can be of benefit. There could be two choices for medical underwriting, moratorium with no initial information disclosed or full health disclosure where you will need to answer some health questions and the insurer may require information from your GP and possibly a free health examination. The moratorium alternative is the best method for most people but any pre-existing conditions suffered in the last 5 years will not be covered for the first 2 years. If no re-occurrences it will be covered thereafter. If it does re-occur then the 2 years starts again but once you have been 2 years without a re-occurrence it is covered thereafter.
See ABI
guide to PMI
Can I
have a no claim bonus?
- Yes. More
and more PMI providers will give a NCB on entry.
Are you restricted by age?
- No, however the cost is dependent on age.
Can I use all hospitals?
- No. All insurers have a list where you can be treated and this is another area where specialist independent advice is valuable.
What next?
