Did you know, you and your children can be covered for overseas treatment through your protection policy? We are fortunate to have incredible access to the NHS. However, outside the UK, there may be more access to experimental research and innovation.
Unfortunately, the Covid-19 pandemic has also had a big impact on the NHS. With waiting times stretching out and the availability of diagnostics and treatment. But, if pioneering treatment is available exclusively overseas, it’s likely to be expensive.
We’ve seen in high-profile cases that effective or lifesaving treatment can be available overseas. But people are turning to crowdfunding to cover the cost.
Did you know a small number of protection insurance providers offer payouts? Or optional benefits to cover overseas treatment costs?
Currently, only three insurers offer some form of overseas treatment cover. Each approaching this benefit slightly differently. It’s worth chatting to us to ensure you have access to a plan that suit you.
Rather than paying out an amount of money, these policies cover the costs of overseas treatment directly.
For example, six specific types of treatment can include:
• Cancer treatment
• Coronary artery bypass surgery
• Heart valve replacement or repair
• Neurosurgery
• Live-donor organ transplant
• Bone marrow transplants
You may be covered for up to £1 million per year. Or up to a total of £2 million during the whole policy term. And not as expensive as you may think!
Under children’s critical illness cover, you may only need to pay an additional £3 per month. If alongside existing policies, such as life, critical illness, or income protection. Some providers even have this as a feature just for children in your regular policy. Among the costs covered include expenses for the family to travel to receive treatment.
So, this is a useful one to consider. We might have access to free healthcare in the UK. However, the pandemic and other factors mean that quick access to treatment might not be possible. With some heading abroad (at a high cost), insurance can provide some form of overseas treatment cover.
We can refer you to a trusted partner to help you find out more about the policies available and make sure you have peace of mind for the future.
SPEAK TO AN ADVISER