Acclaimed Independent Financial Group: Health Insurance

Health and Medical Insurance

Private medical insurance (PMI) is an insurance we hear more and more about these days. Highlighted by the long waiting lists to see specialists in NHS hospitals, PMI is definitely an alternative option. Premiums are usually calculated on age and the type of cover requested, and can be made to fit most pockets by adjusting the size of the excess payable in the event of a claim. There is a wide range of medical insurances on the market and expert advice from one of our advisers would be advisable in order to find the right cover for you.

In the event of being diagnosed with a major illness such as cancer or heart disease, Critical Illness cover is available. Basically, this insurance pays out a lump sum after a diagnosis has been made (if the condition is covered by the plan). It is worth noting that this cover can be incorporated with other plans, such as Mortgage Protection and Term Assurance to produce enhanced benefits. With so many providers available, not all definitions are the same from company to company, so you must ensure that you seek Independent Financial Advice. For more information on this area of financial planning, please call us.

For peace of mind, with Permanent Health Insurance (PHI) in place, loss of income would no longer be a worry. Your household bills and mortgage would still be paid in the event of not being able to work due to illness or injury. This can be of particular importance if you are self-employed or your employer does not provide sick pay in addition to statutory requirements. There are many providers available, and generally the contract is priced according to age, occupation and cover required. There are, however, providers that do not penalise you for high risk occupations, and as Independent Financial Advisers we have access to the entire market and can advise you on the most suitable product to meet your needs.

The Granary, Madam Green Business Centre, Oving, Chichester, West Sussex PO20 2DD
Telephone: 01243 790760 Fax: 01243 779169 Email: Info@Acclaimed-Financial.co.uk

Disclaimer

Acclaimed Independent Financial Group is a trading name of C.P.H. Ltd which is authorised and regulated by the Financial Services Authority