Standard Life introduces 'guided option' to PMI

clock •

Standard Life Healthcare has introduced a ‘guided option' to its private medical insurance products which it says will cut the cost of comprehensive cover.

The ‘guided option’ introduces a new treatment path which uses a Bupa or Capio hospital to manage a patient’s treatment from beginning to end, including making all the arrangements and choosing an appropriate consultant. Standard Life says this means hospitals can make better use of their resources so they can reduce their charges and produce a saving which can be passed onto customers. It claims the option will save customers 15% off their policies and, if combined with other Standard Life Healthcare features such as its no claims discount, the cost of comprehensive cover could be cu...

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 Protection

Budget 26: The protection and health impact

Budget 26: The protection and health impact

Protection industry reflects on missed opportunities

Cameron Roberts
clock 30 October 2026 • 5 min read
Why the protection gap is a problem of reach

Why the protection gap is a problem of reach

'Most people I meet have never had protection properly explained to them'

Cherian Skariah
clock 16 October 2026 • 4 min read
Why IHT on pensions is a protection advice opportunity

Why IHT on pensions is a protection advice opportunity

Pension accumulation can no longer be considered separately from protection and estate planning

Naomi Greatorex
clock 23 September 2026 • 3 min read