Risk clinic: Newly redundant single parents

clock • 4 min read

My client is just starting out in freelance consultancy after being made redundant. He is a single parent with a 14-year-old daughter and previously had all major protections and private medical insurance (PMI) through work. I will cover him for the usual needs, but are there any wrinkles I should be aware of?

Linda Wallace, Bupa Health and Wellbeing As a single parent starting a new venture, the client will value a policy from a provider that offers value for money and long-term security. When moving between insurance policies, one of the most important things to consider will be medical underwriting. If the client or his daughter has made a claim on their previous policy, then it is sensible to check whether their current PMI provider offers the option to move from their group policy to an individual policy without being medically re-underwritten. Members of group schemes provided b...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on PMI

PMI

Bupa rolls out full mental health cover to individual market

Time limits removed

Adam Saville
clock 07 June 2019 • 1 min read
PMI

VitalityHealth launches 'comprehensive' mental health package

Unlimited CBT and counselling

Adam Saville
clock 07 February 2019 • 2 min read
PMI

April UK withdraws from UK health insurance market

'Existing PMI customers will require advice'

Adam Saville
clock 19 July 2018 • 1 min read