Who is a limited cover scheme for?
Some businesses cannot afford a full cover private medical insurance, but want the basic costs of private health care covered. Others feel that the NHS will offer adequate treatment for anything major that goes wrong, so only want to protect themselves for certain long term diseases. Another group is those who do not see why they should pay for a policy with screening, health cash, helplines and lots of extras that they are unlikely to use.
What kinds of limited cover scheme are there?
There is no standard policy, so each insurer differs on what they cover, what extras they include/exclude, and whether or not the limited cover also has high excesses (the amount the customer pays for any treatment) as well.
Policies may include a no claim discount and option to limit cover to conditions only where the wait for NHS treatment is 6 weeks or more.
A small number of companies offer limited cover schemes , but they are not that much different from some basic package covers.What one insurer regards as a standard package, anothe rmay see as a limited cover product.