Sensible savings

INDIVIDUAL PMI: CUTTING COSTS

Professional Adviser
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Safeguarding healthcare needs is crucial, but it comes at a price. Claire Ginnelly explains the ways to cut costs while remaining covered

Taken in isolation, private medical insurance (PMI) is actually less expensive than most people think. Potentially, there are a vast number of benefits available for less than the cost of a meal out once a month. But unfortunately, life is not as clear cut as that and taking one cost in isolation when there are so many demands on our money is not viable. Most people do not have a lot of spare cash, which means ways to cut PMI costs are also being explored. But why should people miss out on vital protection because of it? How many people in their thirties thought that saving for choi...

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