The plan, launched in 2009, is designed to cover the more common ailments of children up to the age of 18. For a monthly premium, starting from £13.63 for one child, the full cost various treatments and others up to a set amount are provided, with no overall maximum. The plan includes benefits such as dentistry, physiotherapy and speech therapy to complement the services available on the NHS. Cash benefits are also available to provide financial help where children need to stay in hospital.
Axa PPP’s First Healthcare is a similar product but does not provide benefits for dental treatment, cash benefits or access to helplines. However, it does allow treatment at any UK hospital, while the Aviva/Childsure plan is restricted to those on a hospital list.
Monthly premiums are £12.99 a month for the first child and £11.69 for each child for two or more children. It is cheaper than the Aviva/Childsure plan for the first two children but more expensive for three to five children.
Defaqto insight analyst for life and protection Ben Hefer says: “It is a sad fact that children do get sick, sometimes seriously so. This plan covers chemo and radiotherapy, home nursing and a hospice donation in addition to all in-patient costs. But less serious scenarios are also addressed, with cover for routine dental treatment, speech therapy, physiotherapy and a 24-hour GP helpline.
It will appeal to parents who perhaps can’t get cover for themselves, or already have cover but can’t or don’t want to change provider. Up to five children can be covered via the online application and more can be covered if the applicant or IFA calls Aviva or Childsure. Only Aviva and Axa PPP have plans just for children and it is worth comparing cover and costs.