Private
Medical Insurance Checklist
Check these points out before you buy private medical insurance:
- You
agree to give the insurance company all the information
they need. - If you do not give accurate details, your insurance
company can refuse to pay your claim or could actually end
your insurance policy.
- You
also agree to pay regular monthly or yearly premiums as
long as you want the private health insurance. - If you
do not pay your premiums, your insurance cover will stop.
Your insurance company will only pay for the costs you paid,
or agreed to pay, up to the last date covered by your premiums.
- Your
premiums may increase annually when you renew your cover.
- Your individual insurance premiums are not influenced
by the number of claims you make (unless your cover includes
a no-claims discount).
- Your
insurance company plans on making changes to an insurance
scheme, all current customers will be contacted before they
renew. - This will not prevent you continuing your cover.
- You
change your insurance company and you may not be covered
for conditions or treatments that your existing policy covers.
- Make sure that you understand the consequences before
you change insurance companies.
Read
your private health insurance policy document very carefully.
You must keep to the insurance policy’s terms and conditions.
You can cancel your insurance within 14 days if you change
your mind. If you decide not to go ahead, you should receive
a refund of premiums you have already paid, but this may not
be the case if you have made a claim. If you want to cancel
your insurance policy after the cancellation period, your
insurance company may not refund your premiums – even
those you have paid upfront.
|
