Private Medical Insurance

If you wish to make a change, you can do so during the renewal process. This often results in a better deal. Our advisors will help you to make the right decision and ensure you’re informed of the latest costs involved that suit your needs.

Yes, you can buy private medical insurance as a smoker or vaper. Most private medical insurers do not take this into account when pricing your quote, as this is very different to Life Insurance.

Yes, some insurers offer cover via the business for one employee or more.

Private medical insurance is deemed as a benefit-in-kind, which means there are deductions via the employee’s salary. Each employee will typically have a choice if they want to be included or not. They can also include cover for their spouse or children.

If you take the benefit out via the business, it will bring down your corporation tax bill. However, you would pay income tax on the premium, pay employer’s national insurance and have to fill out a P11D form each year.