September 2013 PruProtect: CI
PruProtect has updated its Serious Illness Cover (think of its as supercharged critical illness cover) and now claims to cover more cancers than any other insurer, as well as all heart attacks and strokes. The enhancements include: • Paying out on ALL diagnosed heart attacks and strokes regardless of clinical symptoms or severity. However, the payout will be 50%, 75% or 100% of the sum insured for heart attacks and 25%, 50, 75% or 100% for strokes on both the Comprehensive Cover and Primary Cover versions of the plan depending on severity. • Carcinomas in situ in all body areas…
read more »
September 2013 Morgan Price International: iPMI
Morgan Price International’s Evolution Health is a new five level international private medical insurance (iPMI) plan. The five versions offer maximum annual benefits of: Standard (£500,000); Standard Plus (£750,000); Comprehensive (£1,000,000); Premium (£1,500,000), and Elite (£2,000,000). Plans are available in Sterling, US Dollar and Euro denominations but, unusually, limits are the same for each, giving maximum cover in £. Each of the plans covers most inpatient treatment on a full refund basis. The cheapest plan (Standard) excludes home nursing (the other plans fund from up to 3-26 weeks a year); psychiatric treatment; premature babies during their first two months, physiotherapy;…
read more »
September 2013 IMG Europe: iPMI
IMG Europe’s GlobeHopper is a short term international travel and expatriate medical insurance plan for individuals, families and groups. The plan is available worldwide and covers trip durations from five days up to three years, as well as multi-trips of 30-45 days in a year. Cover can be written in £, $ or € and sums insured from $50K to $8m can be chosen. Available excesses range from nil to $25K. The plan offers a lot of flexibility, with a range of cover options and add-ons. Cover can be purchased after departure (or arrival) and can be extended if the…
read more »
September 2013 Health Shield: HCP
Health Shield’s Connect is a direct to consumer health cash plan. Six different levels are available—Access, then Levels 1-5. The main maximum annual benefits for the Access and Level 5 versions are: Access Level 5 Dental – 100% of cost up to £30 £285 Optical – 100% of cost up to £30 £285 Chiropody – 80% of cost up to £30 £285 Prescriptions Max 1 Max 5 Hospital per day/night (max 25) £10 £110 Parental hosp stay (max 25 days/nights) £5 £55 Specialist consultations – 80% of cost to £60 £600 Health and wellbeing – 80% of cost up to…
read more »
September 2013 ESMI (Essential Supplementary Medical Insurance ): Other
ESMI stands for Essential Supplementary Medical Insurance and is the new organisation founded by ex AMII chairman and Perfect Health CEO Andrew Tripp. The company has launched a range of five new products: • Sick Pay. This annually renewable plan is available to UK residents aged 18-60 and pays a monthly benefit for up to six months if the customer is unable to work for more than 30 days due to illness or accident. Two levels of cover are available—Level 1 (£1,500 a month) or Level 2 (£1,000pm). A 3/2/2 year rolling moratorium excludes pre-existing conditions. • Every Day. This…
read more »
September 2013 Cigna: iPMI
Cigna’s Global plan is an international modular health insurance suite of products for individuals. There are three versions – Silver, Gold and Platinum. Each plan offers international medical insurance core cover which pays for inpatient and daypatient hospital care, specialist consultations and cancer care. The maximum annual benefit is $1m, $2m or $3m for each of the plans (or the £ or € equivalents). The Platinum plan pays in full for most benefits, while the others have more limits such as on parent accommodation, advanced medical imaging and home nursing. To the core cover, customers can add any of the…
read more »
September 2013 British Friendly Society: IP
Breathing Space is British Friendly’s new simplified income protection plan, which is available only through financial advisers. The new plan offers: • No financial underwriting—either at application or at claim stage. • A long term contract (rather than annually renewable) that offers benefits up to age 65. • Pays benefits for up to one, two or five years only per claim. • Four week deferred period. • Claims are paid weekly. • The maximum insured benefit is £250 a week. • Own occupation cover is available for all customers, but cover is not available at all for some occupations. These…
read more »
September 2013 ALC Health: iPMI
ALC Health has introduced two new versions of its Prima international private medical insurance product. Prima Concept is a budget plan offering basic healthcare cover. The annual maximum benefit is $1,875,000. but other currencies are also available. Inpatient cover is predominantly full refund, but psychiatric cover is limited to 30 days a year and home nursing to 12 weeks. Many outpatient treatments are covered in full, albeit with limits on physiotherapy ($2,250), chiropody ($375), complementary treatments ($2,250), traditional Chinese medicine ($750) and optical benefits ($195). Innocent bystander cover, AIDS (HIV), emergency clean blood transfusion service and hazardous activities are also…
read more »
