Taking out a medical insurance policy with your partner can ensure that you both receive the same high-quality private health care.
In times of ill health, especially when they involve extended breaks from work, meeting the cost of treatments and keeping up with the everyday finances can be a struggle.
Read on to find out how a joint medical insurance policy can help ease the strain of healthcare costs on couples.
Like with conventional medical insurance policies, you can cover the costs, either fully or partially, of private medical services, with one manageable monthly payment.
Your premium payments allow you to bypass NHS waiting lists in some part, and access faster treatments and appointments. You can also choose between doctors and select medical centres close to your home.
Joint health insurance policies allow you to select your preferred level of cover for the two policyholders. This means that when you make a claim, your agreed cover may be paid out as a cash lump-sum. This can then be used to pay for the private medical care you receive. If you have children under 18, you may want to look at Family Health Insurance as an alternative.
For more on private medical insurance, take a look at our FAQs article.
Policies and levels of coverage vary among providers. You may have to select the amount you would pay as an excess before the medical insurance provider gives funds for the rest of your treatments. Some of the services available under certain plans may include;
Your premium charges will also be determined by things like your age, occupation, sex, state of health, lifestyle, hobbies, and family medical history. When taking out a joint policy, you and your partner/joint policyholder will have to answer some medical questions. You may also need to undergo a medical assessment, or supply doctor’s notes and medical records. From this combined information, one premium price is worked out by the insurer.
Please note: If the information you supply is found to be fraudulent when you make a claim, you will receive no payout from your insurer. For instance, if you smoke and you state that you’re a non-smoker on your application, you may not receive a payout for a smoking-related condition.
Emma and Michael have recently married and are looking at getting a joint health plan together. They have looked at their options and preferences, and have contrasting ideals on the levels of cover they would like.
Emma would like some cancer cover in her policy, as she has a family history of breast cancer. She is young (25 years old) and she has not suffered any symptoms or concerns in the past. She would just like this extra precaution on her plan, as well as cover for in and out-patient care, as a basic policy.
Michael, on the other hand, has no family history of the illness and is less concerned about having cover in this area. As he enjoys playing football on weekends, he would like to add cover for physiotherapy. In case he injures himself playing at any point.
Based on their two different needs and medical backgrounds, the couple opted for a medically underwritten policy, with the inclusion of physiotherapy and cancer cover.
If you would like to find out more about joint private medical insurance and how it could benefit you and your partner, get in touch with an independent medical insurance advisor. They can offer you a no-obligation quote, free of charge.
Quick friendly service. I was quite confused about what my family and I required but the policy options were quickly clarified and I got a great price and top service. Emily Thompson, Bath
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* Medical insurance from 95p per day is an illustrative figure only and may not be available to you. The figure is based off of a 25 year old with no previous health issues taking up a Priority Health policy from Health-on-Line with a £100 excess. Figure accurate as of 17/08/2016.
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