Private Medical Insurance

Health insurance doesn't have to be difficult to understand, however, with so many companies out there offering very similar policies it can be hard to work out which is best for you and your family. We are the experts who will make this simple and straightforward for you.

There are many options available to you which depend a lot on the provider you are considering and how much you'd like to pay for the plan.

It is very important to take into account that no two policies are the same. As well as taking into consideration the cover you want, your medical history and lifestyle can affect your premium.

In order to benefit from cover, you must be a UK resident, employee of a UK-resident business (England, Wales, Scotland and Northern Ireland only).

• A UK-resident employee will usually include company directors (on PAYE) and salaried partners. Members of a Limited Liability Partnership (LLP) and sole traders (as owners of their own business) are not eligible to be covered under a Relevant Life Plan.

• A UK-resident business can be a Limited company, a Limited Liability Partnership (LLP), a traditional English partnership, a charity or even a sole trader.

Many directors and business owners are still paying for life insurance out of their own pocket not knowing there is another way. The good news is that you may be able to use a relevant life insurance policy and pay for it as a business expense.

A relevant life product is a product that can be classed as a business expense, this means that you can put it through your books as an expense and save tax in the process legitimately.

Typically even as a basic rate taxpayer, you could save as much as 36% and of course the higher tax band you are the better the savings.