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Keeping Hold Of Your Private Medical Insurance

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Employees or even ex employees risk damaging their private medical
cover if they don’t keep to being reliable to their company’s and end up
retiring, resigning or at the worst get made redundant.

 Loads of people out there have private medical insurance
through a programme run by their work where it’s put out as a taxable benefit.
One option is corporate PMI which over the course of time is less expensive and
a lot more generous.

With the recent recession effecting the whole of the world
and this meaning a lot of jobs are getting cut back people are walking away
from their company’s PMI without realising they could keep a hold of this even
if they have left the place of work for whatever reason.

Most big private medical insurance company’s like AXA offer
employees the chance to keep their PMI. This results in getting private
hospital rooms and faster treatment for whatever reason compared to ones who
are on the NHS. The only thing employees can’t keep is their subsidised premiums.
Cover can be kept for pre-existing conditions which can really come in handy
for the older minority. Others who would gain from this are people who have ongoing
medical problems since they would struggle to get the same policy elsewhere.

 But the continued cover option may only be possible for
employees who have never claimed on their corporate cover. And those that have
claimed may face exclusions on a new individual policy. So before you make any
rash decisions remember it is possible to hang on to your private medical
insurance from ex employees!

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