Who needs a "choice of cover" plan?
We all have different wants and needs. What suits one person may be unsuitable for another. A single man may feel that pregnancy and maternity cover is irrelevant. A family may want to include the costs of parent accommodation if a child is ill. The number of variables is infinite. Each person or family has different budgetary needs for which a package can be designed.
Companies too are different .A start up which can afford only basic cover, or a high tech company needing to attract and keep personnel, are different from the lawyer or the deep sea diver .What is unimportant to an office business ,may be vital to one where everyone is involved in driving or heavy manual work.
What is a "choice of cover" plan?
Technology now allows insurers to offer more choice. There is usually, but not always, a core cover which everyone must have. Typically this will be most costs of in-patient and day-patient treatment. Helplines will usually be automatic too.
Each insurer and each product has its own range of choices, and there are many different ways of describing the main areas covered. Among those available are:
Medical costs, as in-patient, out-patient and day-patient
- hospital charges including accommodation costs
- consultants and specialists fees
- radiotherapy and chemotherapy
- psychiatric treatment
- diagnostic tests
- nursing at home
- private ambulance
- recuperative care
- complementary therapies
- alternative medicines
- parent accommodation
- dental surgery
- pregnancy consultations and tests
- overseas evacuation/repatriation
- GP minor surgery
- GP fees
- health information and other helplines
- GP advice line
- permanent disablement
- health screening
- no claims discount
- discounts at health clubs
- health cash
- dental cash
- critical illness
- personal accident
Some policies offer full cover with no limits.Others will put limits on amounts paid per policy year, amounts paid per claim, limits on fees and procedures expressed in £s in total, per day or per week, or in number of days or weeks for which cover applies. There may be limitations on which hospitals can be used.