AA Insurance, AA health cover
AA Insurance and Financial Services has launched three private medical insurance products, underwritten by AXA PPP healthcare. The three are:
• Assure Choice. This covers in-patient and day-patient treatment and out-patient surgery, radio/chemotherapy and scans, but excludes other out-patient treatments. It also covers hospital-at-home, private ambulance and radio/chemotherapy NHS cash benefit.
• Ideal Choice. This adds limited additional out-patient cover and psychiatric treatment up to £900 a year.
• Premier Choice. This provides the widest benefits.
Exclusions for all plans include pre-existing conditions, dentistry, routine pregnancy/childbirth, chronic conditions and emergency/urgent treatment.
All plans include a no claims discount, which starts at 40%. Existing AA members (with one or more years’ membership) get their first two months’ premiums free while new and non-members get one month free. Further costs can be saved by choosing an NHS six week option. Members can also choose other AXA PPP products.
Plus points: A range of products is available, from one of the UK’s leading providers; Various ways to limit costs. Two months’ free for established AA members; Access to advisors.
Not so plus points: Better options may be available by shopping round and a broker will be able to give a wider choice of options; PMI can be difficult to buy without good advice due to its complexity and the high cost of medical treatment, which many people will have little or no experience of; No claims discounts can result in much higher premiums (up to 66.6% higher) for regular claimants.
Website: http://www.theaa.com.
Rating (max 10): Innovation: 5. Overall: 6. Bronze