View more on these topics

Pinnacle fills dental and optical gap

Pinnacle Insurance has introduced optident, a corporate healthcare cash plan that only covers the cost of dental and optical treatment.

There are five levels of cover available for single adults, couples and children. Monthly premiums for single adults range from £6.50 to £32.48, depending on the level of cover selected. The cost of cover for couples is £13 to £64.95 and between £4.33 and £21.65 for each child.

Members get 100 per cent of the cost of an eye test up to £20 on all levels of cover. Up to 75 per cent of the cost of the optical benefit is paid between £60 per person and £370 per person. Up to 75 per cent of dental benefit is provided between £60 and £500 per person.

The maximum accidental dental cover is between £2,000 and £10,000 per person. Emergency dental cover ranges from £120 to £600 per person and members also have access to a free 24-hour medical helpline.

Optident may be useful as a top-up for private medical insurance (PMI) plans taken out by employers for their staff, which may not include dental and optical benefits. Some cash plans, such as Standard Life Healthcare&#39s company cash plan offer a wider range of 24 benefits, including cash towards specialist consultations and hospital stays for slightly cheaper premiums.

Monthly premiums start from £6.30 a month with the company cash plan and children are covered free but is restricted to half the adult benefit. However, company cash plan&#39s benefits may overlap with existing PMI cover, so may not be as cost-effective as optident for some businesses in the long run.

Recommended

Exchange back-office deal will store IFA data on central system

The Exchange is setting up an IFA back-office system as a part of parent company Marlborough Sterling&#39s plan to offer straight-through processing for IFAs.The Exchange&#39s Officeweb system, which it hopes will challenge Misys&#39s Mi-Solution software, will be launched at the end of March.The service aims to solve IFAs&#39 technology problems by hosting all data on […]

Online database gives details of private asset management services

Private investors and their advisers can get detailed information on the UK&#39s private asset management industry from a new online database.PAMonline.com is this week launching an internet-based resource giving details of products and services as well as comparative data on over 180 UK-based asset managers.The firms covered by the database include IFAs, stockbrokers, fund management […]

VCTs crash on the rocks of recession

Last week&#39s news that Gartmore was to withdraw its VCT from the market came as little surprise to the industry&#39s pundits. In better market conditions it would no doubt at least have passed its minimum, but in a season where less than £50m has so far been raised across the entire industry Gartmore had little […]

Legal fight faces Pru

A host of Scottish Amicable account managers are taking legal action against Prudential after it shut IFA support centres and forced them to work from home.Many of the managers have resigned and filed legal challenges over changes to their roles. Pru is alleged to have failed to offer them premises, leaving their homes subject to […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment