Finding the right PMI policy for clients reaching retirement age can be difficult. Hazel Gregory answers some frequently asked questions
Are insurers meeting the needs of the over 50 age group with current product offerings? With the exception of one insurer, it would be fair to say that the remainder of the private medical insurance (PMI) industry does not actively woo the over 50s. Marketing literature may lead you to believe insurers cater for this age group, as you will find photographs of older couples and individuals placed within their promotional material. However, closer inspection will reveal that the policy is intended to cover all ages with no specific benefits or features for this age group. Many people ...
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