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SecureHealth mixing six levels of PMI cover

SecureHealth is offering a private medical insurance plan called Options which provides access to all grades of private hospitals without charging any additional fees for access to the best hospitals. It is underwritten by Legal & General and allows individuals to tailor their plan to suit their needs and budget.

There are six levels of cover which can be mixed and mat-ched by the policyholder, allowing up to 80 permutations, according to SecureHealth.

Customers can upgrade or downgrade their coverage annually when they renew their policy or in exceptional circumstances in mid-term.

The basic level of cover provides full inpatient cover for all treatment and full cover for cancer treatment in any private hospital.

The subsequent levels offer more advanced types of coverage as premiums increase.

Options differentiates the policy year from the excess year. This means if a claim is made half way through the policy year, assuming the policy is renewed the excess-free period carries on for a full 12 months from the date of the claim instead of from the renewal date.

The product is available both at the individual and corporate levels.

Commission is 40 per cent initial and 5 per cent renewal commission.

SecureHealth operations director Alan Keeble says: “Options is designed to put the clients in control of what they want in terms of cover as opposed to what is normally available in a fixed package. The effectiveness of the product is that it can be tailored to meet a client&#39s budget as well.”

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