How to get the best rate on your Private Medical Cover...

Private Medical Insurance can be a minefield, whether you have a family policy or a business cover. We all want to protect those we love the most, but that doesn't mean you should over-pay!
I thought I would share a couple of quick tips that may help:

1. Business policies are cheaper!
If you are paying a personal Private Medical policy and you run your own business, it is likely you can pay this through your business. Not only does this reduce your tax costs but the rates for corporate schemes are 10-40% less!

2. Don't be afraid to review your policy!
Just like car insurance, the insurers will put your rates up every year and if you don't review and re-negotiate you can be paying significantly more than you need to. Ideally a good broker will check the market for you ahead of your renewal and give you some feedback on the rates in the market.

If you would like more information or advice please feel free to contact me on 02380 663754 or [email protected]