Private medical insurance advice from Facts & Figures: Chartered Financial Planners and independent financial advisers, can help you make sure that you and your family are protected should you have an accident or become ill.
There are three broad types of protection under the Healthcare heading:
- Private Medical Insurance: provides quick and easy access to private hospitals and healthcare treatment
- Permanent Health Insurance (PHI): Provides an income if the insured is unable to work through sickness or injury. Even more important now the govt. is set to cut sick pay in the comprehensive spending review…
- Critical Illness Insurance: pays out a lump sum if the insured is diagnosed with an insured critical illness – typically conditions would include heart attack, cancer and stroke plus a list of other illnesses prescribed by individual insurers. Although it can be purchased as a stand-alone product it is often added as an additional benefit to a life assurance policy.
Crucially you must ask: will I be able to pay my mortgage or rent if I am unable to work because I am ill or injured?
Here more than perhaps anywhere else in financial services there are huge differences in cover and cost. Independent financial advice is essential to make sure that you get what you need at the best possible price.
Contact Us now for further information on all aspects of healthcare, private medical insurance, permanent health insurance (PHI) and critical illness insurance.