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Since 2006 we have helped
17,808
businesses compare Protection Insurance quotes.
We would love to do the same for you...
This type of policy is designed to ensure directors and employees can seek expert medical attention promptly, namely faster than the NHS, so that they can return to work as soon as reasonably possible. Most policies include 24 Hour GP Access as standard. It acts as attractive benefit for potential new employees and a retention device for existing employees.
Read more
Private health insurance for UK businesses offers several features and benefits that can be advantageous for both employers and employees. Here are some key features and benefits of private health insurance for UK businesses:
It's important for businesses to carefully consider the features, costs, coverage limits, exclusions, and network providers when selecting a private health insurance plan to ensure it aligns with their needs and the needs of their employees.
This type of policy can cover the cost of planned consultations (including same-day access to GPs), scans, treatments and operations through the private healthcare sector. It doesn’t provide financial protection like critical illness cover or income protection, but it will get you faster access to healthcare when you need it. Existing health conditions are typically not covered. Read more
Director's Private Health Insurance is a form of insurance coverage that Directors can purchase to access private healthcare services. Unlike the National Health Service (NHS), which provides free healthcare services to residents, private health insurance allows individuals to receive medical treatment from private hospitals, clinics, and specialists.
Key features of private health insurance in the UK include:
It’s important to note that private health insurance does not replace the NHS; individuals can still access NHS services even if they have private insurance. Additionally, not all medical conditions may be covered by private health insurance, and policies vary in terms of coverage, exclusions, and costs. Before purchasing private health insurance, individuals should carefully review policy details and consider their specific healthcare needs.
This type of policy provides financial protection in the form of income replacement (ie sick pay) for employees who are unable to work due to injury, short or long-term sickness or disability up to the age of retirement. As such it can represent a significant employee benefit to help recruit and retain employees.
Read more
Features:
Benefits:
It's important to note that the specific features and benefits of GIP insurance can vary depending on the insurance provider and policy terms. Businesses should carefully review policy details, coverage limits, exclusions, and waiting periods before selecting a GIP insurance plan. Consulting with an insurance professional or broker can help businesses find the most suitable coverage for their employees' needs.
For free advice, speak to a UK based adviser on
0333 987 3960* (9am-5pm Mon-Fri)
The telephone service is provided in partnership with BQI Protection Ltd and the quotation service is provided by an FCA-authorised insurance specialist
Business health insurance, also known as corporate health insurance or private medical insurance (PMI), is a valuable benefit that employers can offer to their employees. It provides access to private healthcare services, ensuring quicker diagnosis, treatment, and recovery compared to the National Health Service (NHS). This guide will explore the key aspects of business health insurance in the UK, including its benefits, types of coverage, considerations for employers, and how to choose the right policy.
For expert advice, speak to a UK-based adviser on
0333 987 3960* (9am-7pm Mon-Fri)
Our team of experienced advisers can help guide you through the options and provide access to the best deals in the market.
Business health insurance is a policy purchased by employers to cover the cost of private medical treatment for their employees. It can be offered as a standalone benefit or as part of a broader employee benefits package. The policy typically covers consultations, diagnostics, surgeries, and hospital stays, allowing employees to bypass NHS waiting times
This is the most common type of business health insurance, covering all employees under a single policy. It can be tailored to suit the size and needs of the business, with options for different levels of coverage.
Designed for senior executives and key personnel, this type of policy often offers more comprehensive coverage, including additional benefits such as dental care, optical care, and mental health support.
Some insurers offer flexible policies that allow employees to choose the level of coverage they need. This can be particularly useful for businesses with a diverse workforce.
For businesses with employees working overseas, international health insurance provides coverage for medical treatment abroad. This can include emergency evacuation, repatriation, and access to a global network of healthcare providers
Policies may offer access to a wide network of private hospitals, with options to choose specific hospitals or consultants.
Some policies include an excess (a fixed amount the employee pays towards the cost of treatment) or co-payments (a percentage of the treatment cost). This can help reduce premiums.
Coverage for pre-existing conditions varies between policies. Some may exclude them entirely, while others may offer limited coverage after a waiting period.
Determine how much the business is willing to spend on health insurance. Premiums can vary significantly based on the level of coverage, the number of employees, and their ages.
Consider the age, health status, and needs of your workforce. Younger employees may require different coverage compared to older employees.
The size of your business will influence the type of policy you choose. Larger businesses may have more negotiating power and access to more comprehensive plans.
Understand the legal and tax implications of offering health insurance. In the UK, employer-paid health insurance premiums are generally considered a benefit-in-kind and may be subject to tax.
Involve employees in the decision-making process to ensure the chosen policy meets their needs and expectations.
Identify the specific healthcare needs of your employees and the level of coverage required. Consider factors such as the prevalence of chronic conditions, the need for mental health support, and the importance of dental and optical care.
Research and compare different insurance providers. Look at their reputation, customer service, network of hospitals, and the flexibility of their policies.
Carefully review the policy details, including coverage limits, exclusions, waiting periods, and any additional benefits. Ensure the policy aligns with your business objectives and employee needs.
Consider consulting with an insurance broker or financial advisor who specializes in business health insurance. They can help you navigate the complexities of different policies and find the best solution for your business.
Don’t be afraid to negotiate with insurers to get the best deal. This could include lower premiums, additional benefits, or more flexible terms.
Clearly communicate the benefits of the health insurance policy to your employees. Provide detailed information on how to access services, what is covered, and any costs they may need to bear.
Ensure you have a system in place for managing the policy, including enrolling new employees, handling claims, and renewing the policy annually.
Regularly review the policy to ensure it continues to meet the needs of your business and employees. Be prepared to make adjustments as your workforce evolves.
Gather feedback from employees on their experience with the health insurance policy. Use this feedback to make improvements and ensure the policy remains a valuable benefit.
Business health insurance is a powerful tool for enhancing employee wellbeing, attracting and retaining talent, and improving productivity. By understanding the different types of coverage, considering the specific needs of your workforce, and carefully selecting the right policy, you can provide a valuable benefit that supports both your employees and your business.
Investing in business health insurance is not just about providing access to private healthcare; it’s about demonstrating a commitment to the health and wellbeing of your employees, which can have a positive impact on your company culture and overall success.
It is possible to be protected with a life insurance or critical illness policy within 20 minutes provided the insurer does not require a GP report or medical.
A GP report or medical is normally required for large amounts of cover (over £400,000), or if your BMI is over 30, or you have any significant ongoing or past medical issues, or if you are involved in dangerous job or high risk hobby.
Find out how much cover you might need by using our simple online calculator. It will take into account your outstanding mortgage, any loans or credit cards, your monthly income and how many children you have.
Ultimately the right amount of cover is often a balance between what might be an ideal figure and what you can sensibly afford.
We have tracked down the very best protection insurance advisers in the UK to ensure you have access to great advice and the best products from the leading insurers.
Instead of pushy sales people, our advisers offer a more personalised service to guide you through the process and ensure you enjoy lasting peace of mind by making an informed choice.
Outstanding service and knowledgeable customer service rep. I received a call as promised in my email. Marie was very knowledgeable in her subject matter, she took some basic details and was very polite and courteous in her manner.
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This type of policy is designed to ensure directors and employees can seek expert medical attention promptly, namely faster than the NHS, so that they can return to work as soon as reasonably possible. Most policies include 24 Hour GP Access as standard. It acts as attractive benefit for potential new employees and a retention device for existing employees.
Read more
Private health insurance for UK businesses offers several features and benefits that can be advantageous for both employers and employees. Here are some key features and benefits of private health insurance for UK businesses:
It's important for businesses to carefully consider the features, costs, coverage limits, exclusions, and network providers when selecting a private health insurance plan to ensure it aligns with their needs and the needs of their employees.
This type of policy can cover the cost of planned consultations (including same-day access to GPs), scans, treatments and operations through the private healthcare sector. It doesn’t provide financial protection like critical illness cover or income protection, but it will get you faster access to healthcare when you need it. Existing health conditions are typically not covered. Read more
Director's Private Health Insurance is a form of insurance coverage that Directors can purchase to access private healthcare services. Unlike the National Health Service (NHS), which provides free healthcare services to residents, private health insurance allows individuals to receive medical treatment from private hospitals, clinics, and specialists.
Key features of private health insurance in the UK include:
It’s important to note that private health insurance does not replace the NHS; individuals can still access NHS services even if they have private insurance. Additionally, not all medical conditions may be covered by private health insurance, and policies vary in terms of coverage, exclusions, and costs. Before purchasing private health insurance, individuals should carefully review policy details and consider their specific healthcare needs.
This type of policy provides financial protection in the form of income replacement (ie sick pay) for employees who are unable to work due to injury, short or long-term sickness or disability up to the age of retirement. As such it can represent a significant employee benefit to help recruit and retain employees.
Read more
Features:
Benefits:
It's important to note that the specific features and benefits of GIP insurance can vary depending on the insurance provider and policy terms. Businesses should carefully review policy details, coverage limits, exclusions, and waiting periods before selecting a GIP insurance plan. Consulting with an insurance professional or broker can help businesses find the most suitable coverage for their employees' needs.
For free advice, speak to a UK based adviser on
0333 987 3960* (9am-5pm Mon-Fri)
The telephone service is provided in partnership with BQI Protection Ltd and the quotation service is provided by an FCA-authorised insurance specialist