Health Insurance Flexibility Is Key, Says Insurancewide
Released
on: June 8, 2009, 6:55 am
Author: Insurancewide
Industry: Financial
Insurancewide, a leading insurance
comparison provider in the UK, is urging insurers to offer consumers
more flexibility when it comes to health insurance.
The call comes shortly after Tesco Insurance
announced it was launching new levels of health cover in response
to a customer survey asking for greater flexibility towards private
medical insurance. The insurer revealed that it would be adding
three new cover options to its list of health insurance products:
Operations and Procedures, Consultations and Tests and Additional
Therapies. New customers will also have the option of getting
three months free when they sign up to Tesco Health Insurance.
Although figures from the Association
of British Insurers indicate that the number of people covered
by private health insurance is on the rise, with a 2.7 percent
increase registered in 2008, Insurancewide believes that further measures
can be taken to make medical cover more accessible to the general
public.
Making UK health insurance policies
more flexible
Since the UK has provided its
population with free health care on the National Health Service
for over half a century, many Brits tend to look upon health insurance
as a luxury rather than a necessity. Yet with medical threats
like swine flu making their way closer to home, and NHS waiting
times showing no signs of getting shorter, many people have effectively
come to consider private health insurance as a requirement and
a valuable source of peace of mind.
However,
despite this widening market, many health insurers continue to
sell general
medical insurance packages without giving customers much room
to tailor their policy to their own requirements. For instance,
a family of four may wish to have a policy weighted towards paediatric
care, while a young, single man in his twenties may want to purchase
a health insurance policy containing options for alternative therapies
such as acupuncture and physiotherapy. Others - especially people
who already have a life insurance policy in place - may want to
pay less for medical insurance without accidental death cover.
Insurancewide allows customers
to compare health insurance policies across the UK market, making
it simpler for users to request quotes and contrast policy benefits
in order to choose a plan that's right for them. However, to provide
consumers with even more flexibility, the insurance comparison
provider urges medical insurers to offer consumers greater choice
to build policies to their own requirements, and offer policyholders
insurance packages that are bespoke, comprehensive and affordable.
About Insurancewide
Insurancewide, also known as Insurancewide.com
Services Limited, is an online insurance comparison website offering
insurance comparison tools that allow users to search the market
and procure the best insurance policies and quotes.
Insurancewide was launched in
August 1999 as the first insurance comparison website on the internet.
The site also powered tools used on popular website Confused.com.
Insurancewide is FSA regulated.
Contact
Details:
Insurancewide.com
Services Ltd
90
Long Acre
London
WC2E
9RA
Telephone
Quotes: 0870 112 8245
Telephone
Our Head Office: 0870 112 8239
Email
Insurancewide: enquiries@insurancewide.com